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Multifamily

1280 Race Street

1280 Race St, Denver, CO 80206

Listing Price: $999,000

Cap Rate
4.90%
Number of Units
4
Price/Unit
$249,750
Price/Gross SF
$407.76
Gross SF
2,450

Investment Overview

Marcus & Millichap is pleased to present 1280 Race Street, a four-unit apartment building in Denver’s Cheesman Park neighborhood. This Victorian four-plex offers residents updated unit interiors, hardwood floors, lots of natural light, and a gated front and rear yard. The property is less than a block from Cheesman Park and within walking distance of Colfax’s retail and dining options. Residents enjoy a relaxed neighborhood setting just five minutes from downtown Denver. The Cheesman Park neighborhood is an extremely popular neighborhood among Denver renters and is supported as a strong investment opportunity by Denver’s low vacancy rates and expanding rental demand.

Investment Highlights

  • One Block from cheesman park
  • off-street parking
  • fenced property with large backyard
  • upgraded interiors in select units

Exclusively Listed By

Financing By

Multifamily

1280 Race Street

Listing Price: $999,000

Cap Rate
4.90%
Number of Units
4
Price/Unit
$249,750
Price/Gross SF
$407.76
Gross SF
2,450

Investment Highlights

  • One Block from cheesman park
  • off-street parking
  • fenced property with large backyard
  • upgraded interiors in select units

Investment Overview

Marcus & Millichap is pleased to present 1280 Race Street, a four-unit apartment building in Denver’s Cheesman Park neighborhood. This Victorian four-plex offers residents updated unit interiors, hardwood floors, lots of natural light, and a gated front and rear yard. The property is less than a block from Cheesman Park and within walking distance of Colfax’s retail and dining options. Residents enjoy a relaxed neighborhood setting just five minutes from downtown Denver. The Cheesman Park neighborhood is an extremely popular neighborhood among Denver renters and is supported as a strong investment opportunity by Denver’s low vacancy rates and expanding rental demand.

Exclusively Listed By

Financing By

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