2020 Arapahoe St Denver, CO 80205

Property Details for 2020 Arapahoe St

Year built

1983

Construction

WOOD

Zone code

ASQ

Property type

Parking lots & garages

APN

02342-38-087-000

APU

234238087000

Description

This exceptional investment opportunity presents a covered parking stall located at 2020 Arapahoe Street in the heart of Denver, Colorado. Spanning 180 square feet, this stall is situated within a secure and well-maintained HOA-managed garage, offering protection from the elements year-round. The prime downtown location ensures consistent high demand for parking, translating into a reliable and steady income stream for the investor. Currently managed remotely, this asset requires minimal upkeep, resulting in low overhead costs and maximizing your return on investment. The passive income potential is significant, making this an attractive option for those seeking to diversify their portfolio with a low-maintenance, high-demand asset. This is a rare chance to acquire a piece of Denver's thriving downtown core, offering a truly hands-off investment experience. The property is priced at $14,950 and offers a unique opportunity for passive income generation in a high-demand location. The secure garage environment provides peace of mind for both the investor and the parking space renter. This is a turnkey investment ready for immediate income generation. The HOA handles the maintenance, minimizing the investor's responsibilities. This parking stall represents a compelling opportunity for those seeking a low-risk, high-reward investment in a prime Denver location.