Investment Overview

Marcus & Millichap has been selected to exclusively market for sale 1666 Detriot Street, a well-maintained 14 unit apartment community located in the thriving City Park neighborhood. Located walking distance from City Park, the subject property was originally constructed in 1931 and offers its tenants a unique mix of one, two and three bedroom units. Residents at the East of East have easy access to many convenient community amenities including shared laundry, on-site storage, and multiple income producing two car garages. Residents are near many walkable amenities. This property sits between City Park, Cheesman Park and Civic Center Park. These are some of the largest parks in Denver and offer outdoor activities such as biking, kayaking, and running. East of East is one block away from Colfax Avenue, Colfax boasts an assortment of bars, shopping, restaurants, and music venues. The neighborhood is highly sought after by Denver apartment dwellers due to the historic charm and neighborhood features. The investment appeal of this asset is driven by the strong employment fundamentals, and rapidly expanding rental demand in the Denver, CO. This well located asset, in downtown Denver, presents an attractive choice for Colorado renters wanting to enjoy the city life.