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Multifamily

Apex 1101

1101 Colorado Blvd, Denver, CO 80206

Listing Price: $3,500,000

Cap Rate
5.02%
Number of Units
15
GRM
12.35
Price/Unit
$233,333
Price/Gross SF
$318.18
Gross SF
11,000

Investment Overview

Marcus and Millichap is pleased to present Apex 1101, located at 1101 Colorado Blvd. in Denver, CO. The 15-unit multifamily asset is situated on 0.20 acres and consists of all one-bedroom/one-bathroom units. Community amenities include 10 garage parking spaces & four surface spaces, on-site laundry facilities, hallway evaporative cooling, seven storage units, an office/maintenance room, and 24-hour emergency maintenance. Unit amenities include walk-in closets, ceiling fans, air conditioning, bathtub/shower, and kitchens with oven/electric range/refrigerator, as well as dishwashers, stainless steel appliances, and hardwood floors in select units.

This property is in the Congress Park neighborhood of Denver, a highly desirable area located within walking distance of countless amenities including Trader Joe’s, Snooze, CVS, and Hopdoddy Burger Bar. Additionally, residents enjoy proximity to the Denver Botanic Gardens and Cheeseman Park (both located less than one mile away) as well as City Park and the Denver Zoo (only 2.5 miles away).

Investment Highlights

  • 15-Unit Multifamily Community Consisting of All One-Bed Units
  • Walk-In Closets, Ceiling Fans, A/C, Stainless Steel Appliance & Hardwood (Select Units); Garage Parking, On-Site Laundry, Storage Units, Office/Maintenance Room, & 24-Hour Maintenance
  • Outstanding Access to Major Employers; Within a Short Drive of Cherry Creek, Downtown Denver, Lowry, Fitzsimons Medical Campus, and the Colorado Boulevard Business Corridor

Exclusively Listed By

Financing By

Multifamily

Apex 1101

Listing Price: $3,500,000

Cap Rate
5.02%
Number of Units
15
GRM
12.35
Price/Unit
$233,333
Price/Gross SF
$318.18
Gross SF
11,000

Investment Highlights

  • 15-Unit Multifamily Community Consisting of All One-Bed Units
  • Walk-In Closets, Ceiling Fans, A/C, Stainless Steel Appliance & Hardwood (Select Units); Garage Parking, On-Site Laundry, Storage Units, Office/Maintenance Room, & 24-Hour Maintenance
  • Outstanding Access to Major Employers; Within a Short Drive of Cherry Creek, Downtown Denver, Lowry, Fitzsimons Medical Campus, and the Colorado Boulevard Business Corridor

Investment Overview

Marcus and Millichap is pleased to present Apex 1101, located at 1101 Colorado Blvd. in Denver, CO. The 15-unit multifamily asset is situated on 0.20 acres and consists of all one-bedroom/one-bathroom units. Community amenities include 10 garage parking spaces & four surface spaces, on-site laundry facilities, hallway evaporative cooling, seven storage units, an office/maintenance room, and 24-hour emergency maintenance. Unit amenities include walk-in closets, ceiling fans, air conditioning, bathtub/shower, and kitchens with oven/electric range/refrigerator, as well as dishwashers, stainless steel appliances, and hardwood floors in select units. This property is in the Congress Park neighborhood of Denver, a highly desirable area located within walking distance of countless amenities including Trader Joe’s, Snooze, CVS, and Hopdoddy Burger Bar. Additionally, residents enjoy proximity to the Denver Botanic Gardens and Cheeseman Park (both located less than one mile away) as well as City Park and the Denver Zoo (only 2.5 miles away).

Exclusively Listed By

Financing By

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