Denver Multifamily Portfolio
1345-1363 Yosemite Street Denver, CO 80220
1345-1363 Yosemite Street, Denver, CO, 80220
$6,720,000
For Sale
$6,720,000
94-unit multifamily portfolio in East Denver for sale.
Property Size31,392 SF
Price / SF$214.07
Days on Market57
Property Features for 1345-1363 Yosemite Street
General Information
- Standard status
- Active
- Size
- 31,392 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1969
Listing Agency
MMGREA LLC
(303) 918-8909
Listed by
KEVIN WOOLSEY
Source
Corcoran
Added: May 22 Checked: Jul 17 at 6:37 am
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 MMGREA LLC
Investment Insights
Based on property information with market context.
This offering presents a rare opportunity to acquire a four-property, 94-unit multifamily portfolio located in East Denver. The portfolio comprises four properties: 1474 Xenia Street (13 units), 1129 Akron Street (13 units), 1205 Yosemite Street (20 units), and 1345–1363 Yosemite Street (48 units). The properties, totaling 31392 square feet, are situated within 1-2 miles of each other in the East Colfax and Lowry submarkets. All four properties are 100% occupied and share a consistent workforce housing profile. Recent capital improvements have been made, and there is meaningful value-add upside. Together, they offer an investor the scale, operational efficiency, and submarket concentration that individual acquisitions cannot replicate.
Key Highlights
- Four‑property portfolio totaling 94 units offers significant scale and operational efficiency.
- 100% occupied properties provide immediate and consistent income.
- Located in desirable East Denver submarkets (East Colfax and Lowry).
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 | $922.9k | $29.40 |
| − Vacancy | −$56.3k | −$1.79 |
| EGI | $866.6k | $27.61 |
| − OpEx | −$390.0k | −$12.42 |
| NOI | $476.6k | $15.18 |
31,392 SF · lease $29.40/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$6.81M
$5.96M – $7.94M
NOI $476,645 @ 7.0% cap · market cap 7.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.99M
$8.74M – $11.66M
NOI $699,524 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 94-unit multifamily portfolio in East Denver for sale.
Where is this apartment building located?
The property is located at 1345-1363 Yosemite Street Denver, CO.
What is the asking price?
The asking price for this property is $6,720,000.
What are key features of this property?
This property features: Four‑property portfolio totaling 94 units offers significant scale and operational efficiency.; 100% occupied properties provide immediate and consistent income.; Located in desirable East Denver submarkets (East Colfax and Lowry).
