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$3,100,000
9343269 MLS Cherry Manor Apartments BLDG.
Prime Investment Opportunity With Seller Financing Available: 17-Unit Apartment Complex in Denver with Value-Add Potential Nestled just steps from Colfax Avenue, Denver's vibrant cultural and commercial corridor, this 17-unit apartment complex presents an unparalleled opportunity for investors. This property boasts a blend of urban convenience and untapped potential, making it an ideal choice for those seeking to maximize returns in one of Denver’s most dynamic neighborhoods. Property Highlights: Unit Mix: A built-for property with a versatile mix of 1-bedroom and 2-bedroom apartments, catering to a broad tenant base. Location: Situated within walking distance to Colfax Avenue, this property offers easy access to restaurants, breweries, coffee shops, and boutique retail. The proximity to public transportation and major thoroughfares ensures strong tenant demand. Upside Potential: While currently stabilized with consistent occupancy, this property offers significant room for upside potential through strategic upgrades. On-Site Amenities: Includes dedicated parking, a shared courtyard space, and on-site laundry facilities—features that are highly desirable for tenants in this area. Value-Add Opportunities: Renovation Potential: Cosmetic updates to kitchens, bathrooms, and flooring could drive up rental income. Energy Efficiency Upgrades: Implementing energy solutions like LED lighting, low-flow fixtures, and solar panels could lower operating costs. Reconfiguration Options: Certain units offer the potential for conversion or reconfiguration to maximize rental income. Neighborhood Features: Colfax Avenue is the heartbeat of Denver, offering entertainment venues, art galleries, and nightlife. This property’s location also benefits from proximity to several parks, schools, and employment hubs, ensuring a steady stream of qualified tenants. The area is experiencing continued growth, with developments and revitalization efforts enhancing its long-term value

1475 Cherry Street, Denver

$1,925,000
7992533 MLS
1351 Xenia Apartments is an 18-unit multifamily property located in East Denver. Positioned between Rose Medical Center and the Fitzsimons Medical Campus, the asset is supported by steady rental demand from the surrounding healthcare and employment hubs. The building has been well-maintained and features a mix of studios and one bedroom units. 1351 Xenia has undergone significant exterior improvements along with interior updates to many of the units. The property offers off-street parking, on-site laundry, a gated courtyard, and private balconies for select units. WELL-MAINTAINED 18 UNIT PROPERTY IN EAST DENVER. SIGNIFICANT CAPITAL IMPROVEMENTS COMPLETED DURING CURRENT OWNERSHIP. LARGE, PRIVATE BALCONIES FOR SELECT UNITS. PRICED AT JUST $152/SF AND $106,944/UNIT!! GATED, SECURED ENTRY AND PRIVATE COURTYARD

1351 Xenia Street, Denver


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