980 S Dexter Street

    Denver, CO 80246
    • $4,600,000
    • STATUS: Under Contract
    • ON SITE: 68 days
    • ID#: 6061719
    Under Contract
    UPDATED: 34 min ago
    $4,600,000
    • 30
      BEDS
    • 0.57
      ACRES
    • 30
      BATHS
    • 0
      1/2 BATHS
    • 14,486
      SQFT
    • $318
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1974
    County:
    Area:

    School Ratings & Info

    School District:
    Offered by Your Castle Real Estate Inc.

    Description

    30 Unit apartment building offered at a 5.6% CAP in the booming Glendale area, but with a Denver address. The property has undergone significant renovation to most units, but there is still some room to add value. Brand new 140 unit building planned for the adjacent lots to the North. This is a fantastic long term investment in Central Denver.

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Wisdom Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2018 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.wisdomrealestate.com/homes/88223725

    980 S Dexter Street Denver, CO 80246

    • Price: $4,600,000
    • Status: Under Contract
    • Updated: 34 min ago
    • ID#: 6061719
    30
    Beds
    30
    Baths
    0
    ½ Baths
    0.57
    Acres
    14,486
    SQFT
    $318
    $/SQFT
    1974
    Built
    Neighborhood:
    Glendale
    County:
    Denver
    Area:
    Denver
    School District:
    Denver 1
    Property Description
    30 Unit apartment building offered at a 5.6% CAP in the booming Glendale area, but with a Denver address. The property has undergone significant renovation to most units, but there is still some room to add value. Brand new 140 unit building planned for the adjacent lots to the North. This is a fantastic long term investment in Central Denver.
    Exterior Features

    Construction Materials Brick Construction Methods Brick Parking Parking Lot (26 Spaces) Parking Total Searchable 26 Roof Rolled Roofing

    Interior Features

    Basement Size None Cooling Air Conditioning-Individual Heating Hot Water Heating Fuel Gas Laundry Availability Coin-Operated Laundry Location Ground Sq Ft Above 14486 Sq Ft Finished 14486

    Property Features

    Accepting Backup Offers YN Yes Additional Information 1031 ExchangeIncome History AvailableIncome PotentialQuick Possession Annual Expense Actual 93935 Annual Expense Proj 93935 Annual Income Actual 356139 Annual Income Proj 356139 Annual Net Income Actual 262204 Annual Net Income Proj 262204 Building Type Low Rise (All Units) Capitalization Rate 5.64 Capitalization Rate Calculation $262204 Net income / $4.6M = 5.7% Contingent Approval Conditions None Known Has Hoa YN No Listing Financing CashConventional Number Of Units Vacant 4 Seller Type Corporation/Trust Status Conditions None Known Tax Amount 13677.00 Tax Year 2017 Transaction Type For Sale Unit Count 2 Zoning S-Mx-8

    Listing courtesy of Your Castle Real Estate Inc: MLS #6061719


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Wisdom Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2018 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    Wisdom Real Estate
    1740 High St
    Denver CO, 80218
    Offered by Your Castle Real Estate Inc.