Renovated Apartments Near Barnum
303 Hooker St Denver, CO 80219
303 Hooker St, Denver, CO, 80219
$1,150,000
For Sale
$1,150,000
Charming, renovated apartment building near Barnum Park with updated units.
Property Size4,031 SF
Lot Size0.29 Acres
Price / SF$285.29
Days on Market172
Property Features for 303 Hooker St
General Information
- Standard status
- Active
- Size
- 4,031 SF
- Lot size
- 0.29 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1929
Listing Agency
Pinnacle Real Estate Advisors
(719) 651-8495
Listed by
Jim Knowlton · License #FA100032419
(719) 651-8495
Source
Pinnaclerea
Added: Jan 27 Checked: Jul 17 at 7:30 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 Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
This renovated apartment building offers charm and convenience, located steps from Barnum Park with access to the Barnum Recreation Center and Weir Gulch Trails. The property features updated units with vinyl plank flooring, updated appliances, and ample kitchen storage. The building provides a warm atmosphere with modern finishes and thoughtful details. It includes a large, shared outdoor space with a patio, on-site laundry, and free off-street parking. Residents can enjoy scenic mountain views and the sounds of a nearby stream. The location provides easy access to 6th Avenue, Downtown Denver, public transportation (RTD), shopping, and major highways. Nearby local favorites include Columbine Steak House and Impress Seafood. The property is located approximately 1.5 miles from the upcoming new Denver Broncos stadium at Burnham Yard. The unit mix includes one studio, five one-bedroom/one-bathroom units, and one two-bedroom/one-bathroom unit. The property has a newer roof and renovated units with updated kitchens, bathrooms, and flooring. It is close to the Knox Court Light Rail Station and sits on a 12,500 square foot lot, next to Barnum Park and the Weir Gulch Trail.
Key Highlights
- Steps from Barnum Park, Recreation Center, and Weir Gulch Trails.
- Renovated units with updated kitchens, bathrooms, and flooring.
- Proximity to the new Denver Broncos stadium at Burnham Yard (1.5 miles).
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 | $105.0k | $26.04 |
| − Vacancy | −$6.4k | −$1.59 |
| EGI | $98.6k | $24.45 |
| − OpEx | −$44.4k | −$11.00 |
| NOI | $54.2k | $13.45 |
4,031 SF · lease $26.04/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$774.4K
$677.6K – $903.5K
NOI $54,210 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,491 @ 7.0% cap · market cap 7.00%
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 - Charming, renovated apartment building near Barnum Park with updated units.
Where is this apartment building located?
The property is located at 303 Hooker St Denver, CO.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Steps from Barnum Park, Recreation Center, and Weir Gulch Trails.; Renovated units with updated kitchens, bathrooms, and flooring.; Proximity to the new Denver Broncos stadium at Burnham Yard (1.5 miles).
