Technical
Financial
Distress signals
Property profile

1291 Gaylord St Denver, CO 80206

OFF-MARKET
Apartment buildings
Property ID
US13-0968939
4,063 SF 0.1 ac lot Built 1891
Entity Owned 21-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 9-unit apartment building presents a compelling investment opportunity in Denver's desirable Congress Park neighborhood. The property, built in 1891, features 4,310 square feet across two stories on a 0.1-acre lot and is zoned R-3. Currently generating a NOI of $71,747 (4.56% cap rate), a pro-forma NOI of $105,473 (6.70% cap rate) is projected, reflecting significant rental upside. Each of the nine units offers a charming living space, and the property benefits from two sets of on-site coin-operated laundry facilities, enhancing tenant convenience and operational efficiency. The asking price is $1,575,000 ($175,000 per unit and $365.43 per square foot). Its prime location provides residents easy access to Cheesman Park, the Botanic Gardens, and Cherry Creek, as well as a variety of popular restaurants including Peter's Chinese, Shells and Sauce, Chef Zorba's, Downpours Coffee, Voodoo Doughnut, Doppio Coffee, and Olive & Finch. This asset is ideally suited for investors seeking strong returns and appreciation potential in a vibrant, historic Denver location. The building's address is 1291 N Gaylord St, Denver, CO 80206.

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1891
Total area 4,063 SF
Lot 0.1 ac (4,311 SF)
Zoning code G-MU-3
APN 05021-18-031-000
UPID US13-0968939

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1291 Gaylord St Denver, CO 80206-2953
Denver metro Census 3202 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$950k
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$1.27M

Owner & transaction history

since 2005
Last sale
$1.3M
4 recorded transactions
2005
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

G-MU-3 · Denver, CO
Zoning description

G-MU-3 Multi Unit 3 G-MU-5 Multi Unit 5 G-MU-8 Multi Unit 8 G-MU-12 Multi Unit 12 G-MU-20 Multi Unit 20 G-RO-3 Residential Office 3 G-RO-5 Residential Office 5 G-MX-3 Mixed Use 3 G-RX-3 Residential Mixed Use 3 G-RX-5 Res…

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $1.6M +14.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1291 Gaylord St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message