4-Unit Apartment
1160 S Quivas Street, Denver, CO 80223
For Sale
$998,500
Four two-bedroom residences each include a full bathroom and a functional floor plan.
Property Size3,254 SF
Price / SF$306.85
Days on Market93
Property Features for 1160 S Quivas Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Resident Realty North Metro LLC
Listed By:
Rina Avalos
(303) 325-5461
Source:
Apollogroup
Added: Aug 10
Changed: Nov 7
Last Checked: Nov 9 at 2:43PM
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 Resident Realty North Metro LLC
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Investment Insights
Based on property information with market context.
Built in 1955, this Denver apartment property contains four residences, each with two bedrooms and one bathroom. The building totals 3,254 square feet, with functional layouts across the units.
The property is at 1160 S Quivas Street in Denver. The source also identifies access to downtown, major highways, shopping, dining, parks, schools, and public transportation.
The property is at 1160 S Quivas Street in Denver. The source also identifies access to downtown, major highways, shopping, dining, parks, schools, and public transportation.
Key Highlights
- Four units, each with 2 bedrooms and 1 bathroom
- 3,254 square feet of building area
- Built in 1955
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,077
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,081,540
$1.1M
Cap Rate 7%
$772,529
$772.5K
Cap Rate 9%
$600,856
$600.9K
Market Conditions
NOI Build-Up for 3,254 SF
Gross rent
$82.0K $25.20/SF
− Vacancy
−$4.7K −$1.46/SF
EGI
$77.3K $23.74/SF
− OpEx
−$23.2K −$7.12/SF
NOI
$54.1K $16.62/SF
Area
Denver, CO
Vacancy
5.79%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,081,540
Cap Rate 7%
$772,529
Cap Rate 9%
$600,856
Alternative Uses
Best Use
Multifamily LT 5
$772.5K
$676.0K – $901.3K
NOI $54,077 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$705.8K
$617.6K – $823.5K
NOI $49,408 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$1.04M
$906.4K – $1.21M
NOI $72,511 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Explore this area
Business Placement
Demographics for 80223, CO
19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Denver, CO
Properties on Market for Quadplexes in Denver
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom residences each include a full bathroom and a functional floor plan.
Where is this quadplex located?
The property is located at 1160 S Quivas Street Denver, CO.
What is the asking price?
The asking price for this property is $998,500.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bathroom; 3,254 square feet of building area; Built in 1955
