2025 Built 5-Unit Apartment
3493 & 3495 Lawrence St Denver, CO 80205
New
For Sale
$5,000,000
Brand-new 5-unit building with five separate parcels, each unit offering 4 bedrooms, 4.5 baths, patio, and 1-car garage.
Property Size10,726 SF
Price / SF$466.16
Days on Market2
Property Features for 3493 & 3495 Lawrence St
General Information
- Standard status
- Active
- Size
- 10,726 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2025
Listing Agency:
Unique Properties, Inc
(201) 274-5768
Listed By:
Brett MacDougall · License #FA.100049630
(201) 274-5768
Source:
Elliman
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 25 at 8:55AM
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 Unique Properties, Inc
Investment Insights
Based on property information with market context.
Constructed in 2025, this 10,726 SF apartment building features five units, each laid out with 4 bedrooms and 4.5 bathrooms. Every unit includes a patio and a 1-car garage, and each unit is on a separate parcel. This configuration can support the future sale of individual units.
The property is located at 3493 & 3495 Lawrence St in Denver, CO, described as one block from the RiNo Art District within a fast-growing submarket. The area also reports very high walkability and biking, with a BikeScore of 98 and a WalkScore of 93, along with a TransitScore of 57.
Operationally, the building is presented as relatively low maintenance, with utilities separately metered and paid directly by each tenant in addition to monthly rent.
The property is located at 3493 & 3495 Lawrence St in Denver, CO, described as one block from the RiNo Art District within a fast-growing submarket. The area also reports very high walkability and biking, with a BikeScore of 98 and a WalkScore of 93, along with a TransitScore of 57.
Operationally, the building is presented as relatively low maintenance, with utilities separately metered and paid directly by each tenant in addition to monthly rent.
Key Highlights
- Brand‑new 5‑unit multifamily building built in 2025 with modern design and high‑quality construction.
- Each of the 5 units offers 4 bedrooms, 4.5 bathrooms, a patio, and a 1‑car garage.
- All units are on separate parcels, allowing the buyer to sell individual units in the future.
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 | $315.3k | $29.40 |
| − Vacancy | −$19.2k | −$1.79 |
| EGI | $296.1k | $27.61 |
| − OpEx | −$133.2k | −$12.42 |
| NOI | $162.9k | $15.18 |
10,726 SF · lease $29.40/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.33M
$2.04M – $2.71M
NOI $162,860 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.41M
$2.99M – $3.98M
NOI $239,013 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Brand-new 5-unit building with five separate parcels, each unit offering 4 bedrooms, 4.5 baths, patio, and 1-car garage.
Where is this apartment building located?
The property is located at 3493 & 3495 Lawrence St Denver, CO.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Brand‑new 5‑unit multifamily building built in 2025 with modern design and high‑quality construction.; Each of the 5 units offers 4 bedrooms, 4.5 bathrooms, a patio, and a 1‑car garage.; All units are on separate parcels, allowing the buyer to sell individual units in the future.
