2950 Arkins Cour, Denver, CO 80216
Mixed-use property in Denver's River North neighborhood.
- Added:
- Nov 19, 2024
- Days on Market:
- 566
- Last Refresh:
- May 12 at 9:45 pm
Property Features for 2950 Arkins Cour
General Information
- Standard status
- Active
- Size
- 21,006 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 2024
Listing agent Cory Dulberg License #CO FA40046787
Listing office NAI Shames Makovsky
Listing date Nov 19, 2024
Source Crexi
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 NAI Shames Makovsky
HighLights
- Located in Denver's dynamic River North (RiNo) neighborhood.
- New construction: Built in 2024.
- Situated on the revitalized South Platte waterfront.
- Offers one, two, and three bedroom apartment homes.
- Promotes a community‑focused environment.
- Provides functional luxury.
Overview
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 | $617.6k | $29.40 |
| − Vacancy | −$37.7k | −$1.79 |
| EGI | $579.9k | $27.61 |
| − OpEx | −$261.0k | −$12.42 |
| NOI | $318.9k | $15.18 |
Alternative Uses
Current Use by Public Records
Map
- City
- Denver
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.942
- Latitude
- 39.7896