Short-Term Rental
For Sale
$875,000
808 Dahlia Street, Denver, CO 80220
New construction features a garden-level lock-off, private outdoor space, and flexible separation between living areas.
Property Size2,216 SF
Price / SF$394.86
Days on Market11
Property Features for 808 Dahlia Street
General Information
Standard status
Active
Size
2,216 SF
Total Parking Spaces
1
Property subtype
Duplex
Additional Details
Multifamily Units
1
Building Details
Building Size
2,216 SF
Year Built
2026
Buildings
1
Construction
modern
Listing Agency:
MODUS Real Estate
(720) 560-9312
Listed By:
Garrett Beserra · License #100071483
Source:
Zencasarealty
Added: Aug 19
Changed: Aug 28
Last Checked: Aug 28 at 6:31PM
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 MODUS Real Estate
Investment Insights
Based on property information with market context.
This 2026-built modern townhome is part of a 12-residence release in Denver’s Hale/Montclair area. The design includes 3-4 bedrooms, 3-4 bathrooms, an open main-level kitchen, dining, and living area, plus a private garden-level lock-off with its own backyard entrance. The residences also feature modern finishes, abundant natural light, an oversized 1-car garage, and a private backyard. Select end units add an office or flex room.
The property is located at 808 Dahlia Street, within blocks of the 9th & Colorado district and dining destinations including Culinary Dropout, Postino, Le French, Chook, and Blanco. Rose Medical Center is also nearby. The separate lower-level layout supports distinct living arrangements for occupants, guests, or furnished rental users, subject to applicable licensing and use restrictions.
The property is located at 808 Dahlia Street, within blocks of the 9th & Colorado district and dining destinations including Culinary Dropout, Postino, Le French, Chook, and Blanco. Rose Medical Center is also nearby. The separate lower-level layout supports distinct living arrangements for occupants, guests, or furnished rental users, subject to applicable licensing and use restrictions.
Key Highlights
- 2026 construction in a 12‑residence townhome release
- 3‑4 bedrooms and 3‑4 bathrooms per residence
- Private garden‑level lock‑off with separate backyard entrance
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,647
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$672,940
$672.9K
Cap Rate 7%
$480,671
$480.7K
Cap Rate 9%
$373,856
$373.9K
Market Conditions
NOI Build-Up for 2,216 SF
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.
Gross rent
$65.2K $29.40/SF
− Vacancy
−$4.0K −$1.79/SF
EGI
$61.2K $27.61/SF
− OpEx
−$27.5K −$12.42/SF
NOI
$33.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$672,940
Cap Rate 7%
$480,671
Cap Rate 9%
$373,856
Alternative Uses
Best Use
Apartment 5plus
$480.7K
$420.6K – $560.8K
NOI $33,647 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$705.4K
$617.3K – $823.0K
NOI $49,380 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,272
Businesses Nearby
Explore this area
Business Placement
Demographics for 80220, CO
37,233
Population
17,675
Households
2.1
Avg Household Size
37
Median Age
66%
College-Educated
94%
High-School Grad
5.2 sq mi
ZIP Area
7,160
Density / Sq Mi
$101,961
Median Household Income
$61,568
Median Earnings
$1,621
Median Rent
$739,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - New construction features a garden-level lock-off, private outdoor space, and flexible separation between living areas.
Where is this short term rental property located?
The property is located at 808 Dahlia Street Denver, CO.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 2026 construction in a 12‑residence townhome release; 3‑4 bedrooms and 3‑4 bathrooms per residence; Private garden‑level lock‑off with separate backyard entrance
