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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

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    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.
    (719) 651-8495
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    999 Pearl St Denver, CO 80203
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    Denver, CO 80203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    999 Pearl St Denver, CO 80203
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