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Portfolio of 2 Properties – Portfolio of 2 Properties

Denver, Colorado

Located in the heart of Congress Park, this exciting opportunity offers two of the highest quality apartment buildings in an area centrally…

PROPERTY FACTS

Price        $18,500,000       

Price / SF    $390.72 / SF       

Cap Rate    5.65%           

Sale Type    Investment       

Status        Active

Number of Properties    2

 Individually For Sale        0

Total Building Size        47,349 SF

Total Land Area        0.67 AC

 

Document List For Investors

Sample only – links don’t work

PROPERTIES

PROPERTY NAME / ADDRESS    PROPERTY TYPE    SIZE    YEAR BUILT    PRICE

Black Swan

1380 Steele St, Denver, CO        Multifamily        33,492    1963        N/A

White Swan

1300 Adams St, Denver, CO        Multifamily        13,857    1960        N/A

TAXES & OPERATING EXPENSES (PRO FORMA – 2020)     ANNUAL

Gross Rental Income                            $1,257,840

Other Income                                         $118,116

Vacancy Loss                                          $62,892

Effective Gross Income                        $1,313,064

Taxes                                                        $59,584

Operating Expenses                              $207,382

Total Expenses                                       $266,966

Net Operating Income                          $1,046,098