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Multifamily

Washington Plaza Apartments

534 N Washington St, Denver, CO 80203

Listing Price: $2,800,000

Cap Rate
4.71%
Number of Units
17
GRM
9.15
Price/Unit
$164,706
Price/Gross SF
$294.80
Gross SF
9,498

Investment Overview

Washington Plaza Apartments is a 17-unit multifamily asset consisting of 17 one-bedroom/one-bathroom apartments situated on .23 acres of land. Each unit comes with a full kitchen with oven and electric stovetop as well as laminate floors. Community amenities include laundry facilities, off street parking, and a courtyard. The property is located in the Speer Neighborhood in Central Denver, boasting a great location only a block away from a bike share station, close to the Cherry Creek Bike path, and only 1.8 miles away from Cheesman Park. The nearest grocery stores are Safeway and Trader Joes, which are both within walking distance as well as many other restaurants and coffee shops like Moe’s Bagels and Little India. Residents also are conveniently located only 1.4 miles away from I-25 for ease of access to the entire Denver Metro Area.

Investment Highlights

  • 17-Unit Multifamily Property Located in the Alamo Placita Neighborhood of Denver
  • Direct Access to Ample Employment
  • Amenity-Rich Location

Exclusively Listed By

Multifamily

Washington Plaza Apartments

Listing Price: $2,800,000

Cap Rate
4.71%
Number of Units
17
GRM
9.15
Price/Unit
$164,706
Price/Gross SF
$294.80
Gross SF
9,498

Investment Highlights

  • 17-Unit Multifamily Property Located in the Alamo Placita Neighborhood of Denver
  • Direct Access to Ample Employment
  • Amenity-Rich Location

Investment Overview

Washington Plaza Apartments is a 17-unit multifamily asset consisting of 17 one-bedroom/one-bathroom apartments situated on .23 acres of land. Each unit comes with a full kitchen with oven and electric stovetop as well as laminate floors. Community amenities include laundry facilities, off street parking, and a courtyard. The property is located in the Speer Neighborhood in Central Denver, boasting a great location only a block away from a bike share station, close to the Cherry Creek Bike path, and only 1.8 miles away from Cheesman Park. The nearest grocery stores are Safeway and Trader Joes, which are both within walking distance as well as many other restaurants and coffee shops like Moe’s Bagels and Little India. Residents also are conveniently located only 1.4 miles away from I-25 for ease of access to the entire Denver Metro Area.

Exclusively Listed By

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