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999 Pearl St Denver, CO 80203

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For Sale
$5,040,000

Meticulously renovated 16-unit apartment building in the heart of Capitol Hill.

Property size:
12,175 SF

Property Features for 999 Pearl St

General Information

Size
12,175 SF

Building Details

Year built
1961

Source: Jim Knowlton Agent Jim Knowlton

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


Overview

Capitol Hill Renovated Apartment Building

Pearl Nines is a renovated 16-unit apartment building located in Capitol Hill, Denver. Situated at 999 Pearl Street, the property is near bars and restaurants on Lincoln and Grant Street, and Cheesman Park is under a mile away. The property includes 7 one-bedroom, one-bathroom units and 9 two-bedroom, one-bathroom units. Fourteen of the sixteen units have been extensively renovated. Amenities include a newly designed courtyard with seating and a grilling station, garage parking, on-site laundry facilities, additional off-street parking, and balconies in select units. The property has a 5.17% CAP Rate on actual numbers and assumable financing at 3.92% for 3.5 more years. Numerous large capital improvement projects have been completed.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Hyphy Color Photography Service Pearl Nines Apartment Complex

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Denver
County
Arapahoe
State
Colorado
Longitude
-104.9801486
Latitude
39.7318107

FAQs

What type of property is this?
Apartment building - Meticulously renovated 16-unit apartment building in the heart of Capitol Hill.
Where is this apartment building located?
The property is located at 999 Pearl St Denver, CO.
What is the asking price?
The asking price for this property is $5,040,000.
What are key features of this property?
This property features: - Assumable Financing at 3.92% for 3.5 more years!; - 5.17% CAP Rate on Actual Numbers; - Meticulously renovated 16-unit apartment building in Capitol Hill, Denver, with 14 out of 16 units extensively renovated.
More about this property
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