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    1775 S Pearl St Denver, CO 80210

    For Sale
    $10,400,000

    27-unit apartment building in the heart of Platt Park.

    Lot size:
    0.29 Acres

    Property Features for 1775 S Pearl St

    General Information

    Lot size
    0.29 Acres

    Building Details

    Year built
    2022

    Source: NorthPeak Commercial Advisors, LLC Agent Joe Hornstein

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

    Overview

    New Apartment Building in Platt Park

    The property at 1775 S Pearl St. is a 27-unit apartment building completed in late 2022. The unit mix includes two studios, twenty-one 1-bedroom units, and four 2-bedroom units. The building features an underground parking garage with 17 secure parking spaces for residents, plus one additional off-street space located off the alley behind the building. Situated in the heart of the Platt Park neighborhood, the apartment complex is within walking distance of several retail locations and restaurants, including Sushi Den, Kaos Pizzeria, Park Burger, and Sweet Cow. The property is located across the street from Steam Coffee. This property offers investors the opportunity to acquire an asset in one of Denver's most sought-after neighborhoods, where there is a limited supply of comparable rental units.
    Insight Report Location Intelligence

    Current Use by Public Records

    1775 Pearl Street ... Apartment Complex

    Suggested Use

    Law Firm Restaurant 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
    -104.980791
    Latitude
    39.684311

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    FAQs

    What type of property is this?
    Apartment building - 27-unit apartment building in the heart of Platt Park.
    Where is this apartment building located?
    The property is located at 1775 S Pearl St Denver, CO.
    What is the asking price?
    The asking price for this property is $10,400,000.
    What are key features of this property?
    This property features: - New construction (built in 2022) with modern amenities.; - Located in the highly desirable Platt Park neighborhood.; - Walking distance to popular restaurants and retail locations.
    (720) 939-2943
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    1775 S Pearl St Denver, CO 80210
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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
    1775 S Pearl St Denver, CO 80210
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