Turn-Key 11-Unit Apartment
For Sale
$2,100,000
2455 Bryant St, Denver, CO 80211
11-unit apartment building with one- and two-bedroom units, upgraded interiors, new boiler, and 16 off-street parking spaces.
Property Size6,303 SF
Days on Market146
Property Features for 2455 Bryant St
General Information
Standard status
Active
Size
6,303 SF
Total Parking Spaces
16
Property subtype
Multifamily
Additional Details
Multifamily Units
11
Building Details
Building Size
6,303 SF
Year Built
1973
Listed By:
Chris Knowlton
(719) 325-6087
Source:
Pinnaclerea
Added: May 31
Changed: Oct 6
Last Checked: Oct 20 at 6:52PM
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 Chris Knowlton
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Investment Insights
Based on property information with market context.
2455 Bryant Street offers a turn-key 11-unit multifamily asset with a mix of one- and two-bedroom apartments. Interiors are described as extensively updated with contemporary finishes, designed to appeal to today’s renters. Recent capital improvements include a new boiler system, and the property also provides 16 off-street parking spaces.
The building is positioned near Empower Field and is noted as walkable to LoHi and Sloan’s Lake. It also benefits from convenient access to Jefferson Park and major transportation corridors.
As presented, the property is configured as a straightforward residential income investment, with a unit mix tailored to multiple household types and on-site parking in a dense urban setting.
The building is positioned near Empower Field and is noted as walkable to LoHi and Sloan’s Lake. It also benefits from convenient access to Jefferson Park and major transportation corridors.
As presented, the property is configured as a straightforward residential income investment, with a unit mix tailored to multiple household types and on-site parking in a dense urban setting.
Key Highlights
- 11‑unit apartment building with a mix of one- and two‑bedroom units
- Upgraded interiors with modern finishes across the units
- Recent capital improvement: new boiler system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,702
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,914,040
$1.9M
Cap Rate 7%
$1,367,171
$1.4M
Cap Rate 9%
$1,063,356
$1.1M
Market Conditions
NOI Build-Up for 6,303 SF
Gross rent
$185.3K $29.40/SF
− Vacancy
−$11.3K −$1.79/SF
EGI
$174.0K $27.61/SF
− OpEx
−$78.3K −$12.42/SF
NOI
$95.7K $15.18/SF
Area
Denver, CO
Vacancy
6.10%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,914,040
Cap Rate 7%
$1,367,171
Cap Rate 9%
$1,063,356
Alternative Uses
Best Use
Apartment 5plus
$1.37M
$1.20M – $1.60M
NOI $95,702 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,453 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
2,438
Businesses Nearby
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Business Placement
Demographics for 80211, CO
37,940
Population
20,973
Households
1.8
Avg Household Size
34
Median Age
71%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,431
Density / Sq Mi
$117,685
Median Household Income
$78,573
Median Earnings
$1,931
Median Rent
$747,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - 11-unit apartment building with one- and two-bedroom units, upgraded interiors, new boiler, and 16 off-street parking spaces.
Where is this apartment building located?
The property is located at 2455 Bryant St Denver, CO.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 11‑unit apartment building with a mix of one- and two‑bedroom units; Upgraded interiors with modern finishes across the units; Recent capital improvement: new boiler system
