180 20Th Ave Brighton, CO 80601
This exceptional 10-unit apartment building in Brighton, Colorado, presents a compelling investment opportunity. Boasting a 6.22% cap rate and a pro-forma cap rate of 7.21%, this property offers strong immediate cash flow and significant upside potential. The 6,600 square foot building, constructed in 1971, sits on a 0.65-acre lot and features a desirable mix of eight two-bedroom/one-bathroom units and two one-bedroom/one-bathroom units. All units are currently 100% occupied and have been recently updated with modern finishes, including in-unit laundry and individual furnaces, ensuring resident comfort and satisfaction. Located at 180 S 20th Ave, in Adams County, zip code 80601, this two-story building benefits from its peaceful residential neighborhood setting while enjoying proximity to Denver and Boulder. The property's excellent condition, strong tenant occupancy, and the potential for future appreciation in this rapidly growing market make it an ideal investment for discerning buyers. The asking price is $2,100,000, representing $210,000 per unit. The current NOI is $130,724, with a pro-forma NOI of $151,307. This property offers a rare combination of immediate income and long-term growth potential in a desirable Colorado location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.