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Property profile & analytics
FOR SALE
Apartment buildings

1933 Dallas St Denver, CO 80010

3,978 SF Built 1957
Property ID
US13-2519087
Property summary
AI-generated overview

Sally Ann Warren, Kelley Schneider and the Schneider Group are proud to present 1923 Dallas St Apartments. WOW! SELLER CARRY FINANCING AVAILABLE. Seller is willing to so seller carry with 10-20% down payment and 5% interest over 30-years with a 5-year balloon OR If you don't like these terms we can get very creative. This is an incredible investment opportunity. Own your own 8 unit apartment building in the bustling booming redevelopment area of Aurora. Just 2.8 miles from the Anschutz Medical Campus where money is being invested to revamp this North Aurora locale! The current owners have spent the last couple of years updating several units increasing the rental revenues for these units. Finish the remodel on the remaining units to maximize your revenues. Our pro-forma analyses put this at a potential 7% or more cap rate. Since you are in the MLS don't forget to see our sister listing at 1933 Dallas Street. Both properties are present in the Aerials and Photos attached to this listing. These properties can be sold together or separately at $1,150,000 each as they have separate legal descriptions. The site sits adjacent to the Montview Redevelopment District and the proposed Dayton Street concept. Dallas St is ideally located for workforce housing and residents looking to live an affordable lifestyle and still be close to Central Denver.

Property profile
Verified
Property type Apartment buildings
Year built 1957
Total area 3,978 SF
UPID US13-2519087
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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