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$ 7,750,000
Est. payment | /mo
2.66 Acres Lot
$ 7,750,000
Est. payment | /mo
2.66 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5632971
HOA Y/N No
Originating Board recolorado
Year Built 1973
Annual Tax Amount $46,025
Tax Year 2022
Lot Size 2.660 Acres
Acres 2.66
Property Description
Saint Clair Place Apartments is a 42-unit apartment building built in 1973 conveniently located in Northwest Denver. The all-brick, exterior walk-up building features thirty-four one-bed/one-bath units, eight two-bed/one-bath units, and an impressive 60 parking spaces onsite. Only three units have been significantly updated; twenty units have stainless steel appliances, and the remaining units have been well maintained over the past few ownership groups. The property features oversized living and dining rooms, large bedrooms, two separate onsite laundry facilities, elevator access, as well as a beautiful central courtyard with picnic tables, grills, and bench seating. The property also includes a large open area on the west portion of the parcel that could be developed with additional units. Profound value-add opportunity via modernizing and updating units for increased returns. Conveniently located eight blocks to Regis University, and close to some of the top neighborhoods, parks and lakes that Denver has to offer. Low-maintenance exterior walk-up construction in great condition with ample parking. Situated on a massive 2.66-acre lot with a large vacant portion on the west side of the parcel for potential future development. Affordable Denver city living tucked on a quiet cul-de-sac with a rural park-like setting.
Location
State CO
County Adams
Zoning R-3
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available
Roof Type Membrane
Total Parking Spaces 60
Garage No
Building
Lot Description Cul-De-Sac
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Pinnacle Real Estate Advisors • rlawson@pinnaclerea.com,303-962-9555
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Brett Kotal
Realtor | Lic# FA100084202