Kelsey Hill Apartments

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Investment Overview

Investment Type: Multifamily
Building Size: 13,372 SF
Address: 900 - 910 E. 12th Ave, Denver, CO 80218
Units: 26
Price: $4,500,000
Price/Unit: $173,077
Price/SF: $337
Year Built: 1923
Parking: Driveway

Property Features

These twin buildings exude the character and charm of Denver’s Capitol Hill neighborhood. Each building consists of twelve vintage one-bedroom apartments, plus a basement studio. Recent extensive capital improvements have made this a low-maintenance property. The property features new steam boilers, a new roof, vinyl windows and upgraded electrical service. Cosmetic renovations would significantly increase rents.

Highlights

  • Classic Capitol Hill Apartment Buildings
  • Value-Add Opportunities with Modest CapEx
  • New Roofs in 2018
  • New Steam Boilers in 2017 & 2019
  • Updated Vinyl Windows
  • Low Maintenance Property is Currently Owner-Managed

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