Brougham Apartments

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Investment Overview

Investment Type: Multifamily
Building Size: 21,003 SF
Address: 1424 Pearl St, Denver CO 80203
Units: 36
Price: $5,500,000
Price/Unit: $152,778
Price/SF: $262
Year Built: 1957
Parking: 15 Spaces

Property Features

The Brougham Apartments offers large studio floorplans, and several units have easily been converted to one-bedroom “lofts” with the simple addition of a 6-ft dividing wall.  The building’s systems have been updated - - including a modern boiler, separate domestic hot water boiler, 10-year-old roof, solar panels and vinyl windows.  The low-maintenance property is currently owner-managed.

Highlights

  • Low-Maintenance Building with Modern Systems
  • Expansive Studio Floorplans Allow Conversion to Lofts
  • Value-Add Opportunities Without Significant CapEx
  • Updated Vinyl Windows
  • Potential for Rooftop Deck
  • 15 Off-Street Parking Spaces

Contact For More Info

Greg Johnson

Greg Johnson
Senior Advisor
Email:greg@aqyre.com
Direct:720.738.1671

Conner Piretti

Conner Piretti
Senior Advisor
Email:conner@aqyre.com
Direct:303.818.1805