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Description Open House Details Location Market Trends Schools

1330 & 1380 W Mississippi Avenue Denver , CO 80223

Courtesy of Pinnacle Real Estate Advisors NEWELLTEAM@PINNACLEREA.COM,303-962-9559

Description

39,152 Sqft
62,290 Sqft lot
1.43 Acre lot
Status: Active
Property Type: Multi-family
Year Built: 1971
Days on Website: 8
Property Features • Beautifully Updated, Turn-Key Opportunity with Rental Upside • Two Adjacent Parcels Allow Future Owner Ability to Sell Assets Individually or as a Portfolio • Recent Capital Improvements Include Newer: Exterior Stairs, Windows, Electrical Panels, Parking Lot (1330) & Roof (1380) • Approximately 2/3 of Interiors Have Been Renovated • Value-Add Opportunity: Continue with Interior Renovations for $150-$300 Rent Bumps • Just 4.85% Current Vacancy = Immediate Rental Upside • Proforma Rents Already Being Achieved • Strong Neighborhood Demographics: $107,560 Average Household Income in Two Mile Radius • Less than One Mile to Gates District Redevelopment and Broadway Light Rail Station • Quick Access to I-25, US Hwy 85, Downtown Denver, Denver Tech Center and Rocky Mountains • Walk to Public Transportation, Parks, Restaurants and Places of Employment Must Be Purchased as a Portfolio

Open House

Property Details and Features

Property Access
Road Frontage Type:
"Public"
Road Surface Type:
"Paved"
Building
Building Name:
Riverpoint
Construction Materials:
"Frame"
Effective Year Built:
2022
Features:
"Laundry", "Wi-Fi"
Occupant Type:
Tenant (Multiple)
Structure Type:
"High Rise (8+)"
Total Area:
39152
Unit Count:
2
Unit Types:
"Array", "Array"
Built in 1971
66 total units
Disclosures
Attribution Contact:
NEWELLTEAM@PINNACLEREA.COM,303-962-9559
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Contact an Agent

719 582-6191

Location

-
1330 & 1380 W Mississippi Avenue Denver , CO 80223
County Or Parish: Denver

Street View

Nearby Schools