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Seven-Unit Multifamily Opportunity

1003 Corona Street Denver, CO 80218

1003 Corona Street, Denver, CO, 80218
$2,300,000
For Sale
Claim this Listing
$2,300,000

Seven-unit multifamily property available for purchase.

Property Size10,916 SF
Price / SF$210.70
AddedNov 21, 2025
Days on Market236
Last RefreshMay 19 at 8:51 pm

Property Features for 1003 Corona Street

General Information

Standard status
Active
Size
10,916 SF
Property subtype
Multifamily

Listing office Pinnacle Real Estate Advisors

Listing date Nov 21, 2025

Source Pinnaclerea

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Real Estate Advisors


Investment Insights

Based on property information with market context.

This is a seven-unit multifamily property. The property has a size of 10916 square feet.

Key Highlights

  • 7 unit multifamily opportunity
  • Contact broker for details

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $320.9k $29.40
− Vacancy −$19.6k −$1.79
EGI $301.4k $27.61
− OpEx −$135.6k −$12.42
NOI $165.7k $15.18
10,916 SF · lease $29.40/SF/yr · vacancy 6.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$2.37M
$2.07M – $2.76M (±1% cap)
NOI $165,745 @ 7.0% cap · market cap 7.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.47M
$3.04M – $4.05M (±1% cap)
NOI $243,247 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Daycare Center Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Mobile Phone Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Seven-unit multifamily property available for purchase.
Where is this apartment building located?
The property is located at 1003 Corona Street Denver, CO.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 7 unit multifamily opportunity; Contact broker for details
Contact an agent
More about this property
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