Brick 6-Plex with Renovated
For Sale
Contact for pricing
Pending
2903 E 14th Ave, Denver, CO 80206
Six-unit brick apartment building with all units renovated, including three townhouse-style layouts and three one-bed apartments.
Property SizeContact for details
Days on Market117
Property Features for 2903 E 14th Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Additional Details
Cap Rate
5.1%
Multifamily Units
6
Building Details
Construction
brick
Tenancy
Multi
Listing Agency:
The Hut on Humboldt
(303) 808-2217
Listed By:
Andrew Hicks · License #IR.100028722
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Aug 5 at 2:54PM
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 The Hut on Humboldt
Investment Insights
Based on property information with market context.
Beautiful brick 6-plex offered for sale featuring a distinctive unit mix: three townhouse-style units (two 3-bedroom units and one 4-bedroom unit) plus three additional 1-bedroom units. The property is reported as 100% occupied, with updated financials and pro forma rents achieved, and all units are stated to be renovated.
The current configuration supports a stated value-add strategy of converting the 3-bedroom units to 4-bedroom units. Over the past two years, one of the six units had a full remodel and two units had lighter remodels. Recent improvements also include three new furnaces in 2022 and exterior updates such as new paint on the trim, fascia, window trim, soffit, and entry stone.
Located in Denver, the building is described as being between Congress Park and City Park. Per the offering materials, buyers are asked to submit proof of funds for the down payment prior to scheduling showings to limit intrusion on tenants, and to refer to the attached Offer Memorandum before reaching out with questions.
The current configuration supports a stated value-add strategy of converting the 3-bedroom units to 4-bedroom units. Over the past two years, one of the six units had a full remodel and two units had lighter remodels. Recent improvements also include three new furnaces in 2022 and exterior updates such as new paint on the trim, fascia, window trim, soffit, and entry stone.
Located in Denver, the building is described as being between Congress Park and City Park. Per the offering materials, buyers are asked to submit proof of funds for the down payment prior to scheduling showings to limit intrusion on tenants, and to refer to the attached Offer Memorandum before reaching out with questions.
Key Highlights
- 6‑unit brick apartment building with all units renovated and 100% occupancy
- Unit mix includes three townhouse‑style units (two 3BD and one 4BD) plus three 1‑bedroom units
- Value‑add strategy noted: converting 3‑bedroom units to 4‑bedroom units
Property Analytics
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,348
Businesses Nearby
Explore this area
Business Placement
Demographics for 80206, CO
26,108
Population
15,580
Households
1.7
Avg Household Size
38
Median Age
78%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
10,443
Density / Sq Mi
$102,248
Median Household Income
$69,908
Median Earnings
$1,694
Median Rent
$892,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit brick apartment building with all units renovated, including three townhouse-style layouts and three one-bed apartments.
Where is this apartment building located?
The property is located at 2903 E 14th Ave Denver, CO.
What are key features of this property?
This property features: 6‑unit brick apartment building with all units renovated and 100% occupancy; Unit mix includes three townhouse‑style units (two 3BD and one 4BD) plus three 1‑bedroom units; Value‑add strategy noted: converting 3‑bedroom units to 4‑bedroom units
