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    Brighton Multifamily Investment Opportunity Title is generated by Realmo AI

    63 S 22nd A1-B8, Brighton, CO 80601

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    For Sale
    $2,970,000

    16-unit multifamily property with value-add potential in a high-growth submarket.

    Type:Investment
    Property size:
    14,608 SF
    Price / SF:
    $203/SF
    Added:
    Apr 24, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 24 at 5:37 pm

    Property Features for 63 S 22nd A1-B8

    General Information

    Standard status
    Active
    Size
    14,608 SF
    Property subtype
    Investment

    Building Details

    Year Built
    1980

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    Listing Contact
    Nicholas Bukowski
    Nicholas Bukowski

    Listing agent Nicholas Bukowski

    Listing office The Station Real Estate

    Listing date Apr 24, 2026

    Source Elliman

    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 The Station Real Estate

    HighLights

    • High Net Operating Income (NOI) of $213,615 with potential for increased revenue.
    • 14 out of 16 units recently renovated, providing turnkey operational stability.
    • Prime location with easy access to Denver, metro suburbs, and Denver International Airport.
    • Strong gross rental income of $300,180, indicating high tenant demand.
    • Recent capital improvements, including new roofs and fresh exterior paint, minimizing immediate maintenance costs.
    • Value‑add opportunities remain, such as resurfacing the parking lot.

    Overview

    Located just off Highway 7, the multifamily investment property at 63 South 22nd Avenue, Buildings A & B, consists of two 8-unit buildings. This garden-style complex spans 14,608 square feet and features fourteen 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, totaling 30 bedrooms and 16 bathrooms. Dedicated off-street parking is available for tenants. Each unit is equipped with independent gas and electric meters, forced-air furnaces, and gas water heaters. The owner is responsible for water, sewer, and trash, while tenants cover gas and electricity. The property generates $300,180 in gross rental income and a net operating income (NOI) of $213,615. A comprehensive capital improvement plan has been completed, with 14 of 16 units fully renovated in the last two years. Recent upgrades include new roofs, fresh exterior paint, newer furnaces, hot water heaters, and rooftop A/C units for second-floor units. Newer coin-operated laundry machines are in each building. The property is located within three miles of major retail, recreation, and employment hubs, including Barr Lake State Park, Prairie Center Shopping Center, Platte Valley Medical Center, and multiple schools. The property is located in a high-growth submarket with easy access to Denver, the metro suburbs, and Denver International Airport. The bike score is 69, walk score is 64, and transit score is 20.

    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 $298.0k $20.40
    − Vacancy −$17.3k −$1.18
    EGI $280.7k $19.22
    − OpEx −$126.3k −$8.65
    NOI $154.4k $10.57
    14,608 SF · lease $20.40/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.21M
    $1.93M – $2.57M (±1% cap)
    NOI $154,395 @ 7.0% cap · market cap 5.20%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office B
    $2.66M
    $2.33M – $3.11M (±1% cap)
    NOI $186,362 @ 7.0% cap · market cap 6.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brighton
    County
    Weld
    State
    Colorado
    Longitude
    -104.7955844
    Latitude
    39.9859206

    FAQs

    What type of property is this?
    Apartment building - 16-unit multifamily property with value-add potential in a high-growth submarket.
    Where is this apartment building located?
    The property is located at 63 S 22nd A1-B8 Brighton, CO.
    What is the asking price?
    The asking price for this property is $2,970,000.
    What are key features of this property?
    This property features: High Net Operating Income (NOI) of $213,615 with potential for increased revenue.; 14 out of 16 units recently renovated, providing turnkey operational stability.; Prime location with easy access to Denver, metro suburbs, and Denver International Airport.
    More about this property
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