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1327 Jersey St Denver, CO 80220

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For Sale
$2,950,000

New 7-unit apartment building in Denver's desirable Hale Neighborhood.

Building Details

Year built
2021

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Listing Contact
Jim Knowlton
Jim Knowlton
Source: Pinnaclerea

Listing Agency: PINNACLE REAL ESTATE ADVISORS Listing Agent: Jim Knowlton

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

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Overview

Denver Multifamily Property with Rooftop Decks

This is a newly constructed (2021) 7-unit multifamily property located in Denver’s Hale Neighborhood. The property is currently 100% occupied with an average in-place rent of $2,395/month and an average rent per square foot of $2.62/SF. The units feature large floorplans and modern finishes. Select units (4) include private rooftop decks. All units have in-unit laundry. The property also features covered parking and efficient PTAC/mini-split HVAC systems. The building has a new EPDM roof, new vinyl double pane windows, new PVC/PEX plumbing, new electrical, and new hot water heaters. There are 5 covered off street parking spaces. The property is located near Rose Medical Center and the new 9th and CO development. It is within walking distance to multiple grocery stores (King Soopers and Safeway), the Mayfair Plaza Shopping Center, and numerous retail stores.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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City
Denver
County
Arapahoe
State
Colorado
Longitude
-104.9197681
Latitude
39.7373924

FAQs

What type of property is this?
Apartment building - New 7-unit apartment building in Denver's desirable Hale Neighborhood.
Where is this apartment building located?
The property is located at 1327 Jersey St Denver, CO.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: - Newly constructed (2021) 7-unit multifamily property in Denver's highly sought-after Hale Neighborhood.; - 100% occupied with strong in-place rents ($2,395/month average).; - Four units feature **private rooftop decks**.
More about this property
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