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    Denver Multifamily Investment Opportunity Title is generated by Realmo AI

    1837 W Mosier Place, Denver, CO 80223

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    For Sale
    $1,300,000

    Eight-unit apartment building with courtyard and dedicated parking.

    Type:Commercial/Industrial
    Property size:
    5,072 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $256/SF
    Added:
    Jun 2, 2023
    Days on Market:
    1108
    Last Refresh:
    May 20 at 12:21 am

    Property Features for 1837 W Mosier Place

    General Information

    Standard status
    Active
    Size
    5,072 SF
    Lot size
    0.20 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1954

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    Listing Contact
    Brent Crawford

    Listing agent Brent Crawford License #100056369

    Listing office Century 21 Signature Realty North, Inc.

    Listing date Jun 2, 2023

    Source Exitrealty

    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 Century 21 Signature Realty North, Inc.

    HighLights

    • Solid long term income 8 unit apartment building.
    • 8 dedicated parking spots.
    • Large courtyard on the east side and back courtyard on the west side.
    • Mix of unit types: 2‑story 2 Bed/1 Bath and 1 Bed/1 Bath.
    • Some units have newer updates.
    • All street level units are 2 story.

    Overview

    This is an eight-unit apartment building, offering a long-term income opportunity. Some units feature recent updates. The street-level units are two-story layouts with two bedrooms and one bathroom each. The basement units consist of one bedroom and one bathroom. The property includes a large courtyard on the east side and a back courtyard on the west side. Eight dedicated parking spots are included with the building. The property size is 5,072 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $149.1k $29.40
    − Vacancy −$9.1k −$1.79
    EGI $140.0k $27.61
    − OpEx −$63.0k −$12.42
    NOI $77.0k $15.18
    5,072 SF · lease $29.40/SF/yr · vacancy 6.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.10M
    $962.6K – $1.28M (±1% cap)
    NOI $77,011 @ 7.0% cap · market cap 5.92%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.61M
    $1.41M – $1.88M (±1% cap)
    NOI $113,022 @ 7.0% cap · market cap 8.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.009
    Latitude
    39.696

    FAQs

    What type of property is this?
    Apartment building - Eight-unit apartment building with courtyard and dedicated parking.
    Where is this apartment building located?
    The property is located at 1837 W Mosier Place Denver, CO.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Solid long term income 8 unit apartment building.; 8 dedicated parking spots.; Large courtyard on the east side and back courtyard on the west side.
    More about this property
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