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Property profile & analytics
OFF-MARKET
Parking lots & garages

2020 Arapahoe St Denver, CO 80205-2548

Built 1983
Entity Owned Free & Clear
Property ID
US13-1247330
Property summary
AI-generated overview

This exceptional investment opportunity presents a covered parking stall located at 2020 Arapahoe Street in the heart of Denver, Colorado. Spanning 180 square feet, this stall is situated within a secure and well-maintained HOA-managed garage, offering protection from the elements year-round. The prime downtown location ensures consistent high demand for parking, translating into a reliable and steady income stream for the investor. Currently managed remotely, this asset requires minimal upkeep, resulting in low overhead costs and maximizing your return on investment. The passive income potential is significant, making this an attractive option for those seeking to diversify their portfolio with a low-maintenance, high-demand asset. This is a rare chance to acquire a piece of Denver's thriving downtown core, offering a truly hands-off investment experience. The property is priced at $14,950 and offers a unique opportunity for passive income generation in a high-demand location. The secure garage environment provides peace of mind for both the investor and the parking space renter. This is a turnkey investment ready for immediate income generation. The HOA handles the maintenance, minimizing the investor's responsibilities. This parking stall represents a compelling opportunity for those seeking a low-risk, high-reward investment in a prime Denver location.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1983
Construction WOOD
Zoning code ASQ
APN 02342-38-087-000
UPID US13-1247330
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gentry Graphics dba Campo Design Marketing & Advertising Advertising Agency
  • 2020 Storage Storage Facility
  • GuestFloor Management Business Management Consultant
  • Record Nations Storage Facility
  • TJFR Consulting Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
ML2 LLC
ML2 LLC
Zoning & alternative use
ASQ · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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