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Renovated 42-Unit Apartment Community
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1330 West Mississippi Avenue, Denver, CO 80223

42-unit multifamily community built in 1971 with partial renovations in 2022 and a mix of one- and two-bedroom units.

Property Size31,592 SF
Price / SF$156.69
Days on Market95

Property Features for 1330 West Mississippi Avenue

General Information

Standard status Active
Size 31,592 SF
Class B
Total Parking Spaces 25
Property subtype Multifamily
Occupancy 64%
Investment Type Value Add
Net Operating Income $90,344

Additional Details

Highway Access Yes
Multifamily Units 42

Building Details

Year Built 1971
Year Renovated 2022
Buildings 1
Stories 4
Units 42
Tenancy Multi
Listing Agency: MMG
Listed By: Kevin Woolsey · License #FA.100079114
Source: Crexi
Added: Jun 5 Changed: Aug 21 Last Checked: Sep 7 at 7:20AM

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 MMG

Investment Insights

Based on property information with market context.

Riverpoint Apartments is a 42-unit multifamily community built in 1971, with partial renovations completed in 2022. The property offers a mix of one- and two-bedroom floorplans, and recent exterior upgrades alongside modernized interiors in select units.

Located in South Denver, Riverpoint Apartments provides convenient access to Santa Fe Drive, I-25, and Highway 6, with proximity to Downtown Denver, the Denver Tech Center, and the South Broadway corridor.

The offering is presented as an asset with highly attractive, assumable full-term interest-only financing, featuring a principal balance of $3.59M and a fixed 3.35% interest rate.

Key Highlights

  • 42‑unit multifamily community in Denver, built in 1971
  • Partially renovated in 2022, including recent exterior upgrades and modernized interiors in select units
  • Unit mix includes one- and two‑bedroom floorplans

Property Analytics

Current Use

The Riverpoint Apartment Building Platte River Apartments Apartment Building

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic Accounting Firm Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

42
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

807
Businesses Nearby

Demographics for 80223, CO

19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 42-unit multifamily community built in 1971 with partial renovations in 2022 and a mix of one- and two-bedroom units.
Where is this apartment building located?
The property is located at 1330 West Mississippi Avenue Denver, CO.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 42‑unit multifamily community in Denver, built in 1971; Partially renovated in 2022, including recent exterior upgrades and modernized interiors in select units; Unit mix includes one- and two‑bedroom floorplans
(303) 990-4361 Call to check price and availability
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