Integrity • Passion • Excellence
Downtown Multifamily Apartments – Denver, Colorado

Downtown Multifamily Apartments – Denver, Colorado

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

22 Palione Pl – Multifamily Property- Kailua, Hawaii

22 Palione Pl – Multifamily Property- Kailua, Hawaii

22 Palione Pl – Multifamily Property

Kailua, Hawaii

Considered one of Hawaii’s great beach towns, Kailua’s slender strand along its windward shore is home to two idyllic public beaches, Kailua Beach…

22 Palione Pl - Multifamily Property

Status:            For Sale

Price:                $4,950,000

Property Type:        Specialty

Sub-Type:            Residential Income

Building Size:        3,759 SF

Cap Rate:            4.95%

Document List For Investors

Sample only – links don’t work

PROPERTY FACTS

Price            Upon Request       

Sale Type        Investment      

No. Units        10           

Property Type    Multifamily      

Property Subtype    Apartment       

Apartment Style    Low Rise

Building Class    C

Lot Size        0.20 AC

Building Size        17,669 SF

No. Stories        3

Year Built        1900

 

FINANCIAL SUMMARY (PRO FORMA – 2019)    ANNUAL    ANNUAL PER SF

Gross Rental Income                $447,250    $118.98

Other Income       

Vacancy Loss       

Effective Gross Income                $447,250    $118.98

Taxes       

Operating Expenses       

Total Expenses                    $187,004    $49.75

Net Operating Income                $260,246    $69.23

Kahala Hotel & Resort    5 Star    338 rooms    36 min drive

PROPERTY TAXES

Parcel Number    1-4-3-017-058-0000    Improvements Assessment        $794,100

Land Assessment    $1,555,700        Total Assessment            $2,349,800

 

ZONING

Zoning Code    03-R-10