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Multifamily

Sloan's Place

1540 Sheridan Boulevard, Denver, CO 80214

Listing Price: $5,500,000

Cap Rate
4.65%
Number of Units
24
GRM
13.60
Occupancy
95.0%
Price/Unit
$229,167
Price/Gross SF
$422.69
Gross SF
13,012

Investment Overview

Sloan's Place Apartments is a 24-unit turnkey multifamily property located in Denver, Colorado. Positioned strategically in the path of growth, this property offers both stability and potential. While already operationally sound, it presents significant upside for investors seeking to optimize performance
and increase cash flow. The property is nestled in a vibrant area surrounded by popular retail amenities, providing residents with convenience and an appealing lifestyle. Its location not only attracts a steady tenant base but also benefits from the ongoing development and rising demand in the surrounding neighborhood. Sloan's Place Apartments represents an excellent opportunity for investors to capitalize on Denver's robust market dynamics while enjoying the advantages of a well-maintained asset with room for enhanced returns.

Investment Highlights

  • Sloan's Place is offered with accretive assumable financing that includes a 68% loan-to-value (LTV) ratio, a fixed 3.5% interest rate, and 81 months remaining on the loan term.
  • Rapid development of the area immediately surrounding Sloan's Lake underscores the popularity of Sloan's Lake as a neighborhood, and the west side of Denver as a whole.
  • Located directly off Sheridan Boulevard in one of Denver's most sought-after neighborhoods, Sloan's Lake, Sloan's Place offers excellent visibility from Sheridan Boulevard.

Exclusively Listed By

Multifamily

Sloan's Place

Listing Price: $5,500,000

Cap Rate
4.65%
Number of Units
24
GRM
13.60
Occupancy
95.0%
Price/Unit
$229,167
Price/Gross SF
$422.69
Gross SF
13,012

Investment Highlights

  • Sloan's Place is offered with accretive assumable financing that includes a 68% loan-to-value (LTV) ratio, a fixed 3.5% interest rate, and 81 months remaining on the loan term.
  • Rapid development of the area immediately surrounding Sloan's Lake underscores the popularity of Sloan's Lake as a neighborhood, and the west side of Denver as a whole.
  • Located directly off Sheridan Boulevard in one of Denver's most sought-after neighborhoods, Sloan's Lake, Sloan's Place offers excellent visibility from Sheridan Boulevard.

Investment Overview

Sloan's Place Apartments is a 24-unit turnkey multifamily property located in Denver, Colorado. Positioned strategically in the path of growth, this property offers both stability and potential. While already operationally sound, it presents significant upside for investors seeking to optimize performance and increase cash flow. The property is nestled in a vibrant area surrounded by popular retail amenities, providing residents with convenience and an appealing lifestyle. Its location not only attracts a steady tenant base but also benefits from the ongoing development and rising demand in the surrounding neighborhood. Sloan's Place Apartments represents an excellent opportunity for investors to capitalize on Denver's robust market dynamics while enjoying the advantages of a well-maintained asset with room for enhanced returns.

Exclusively Listed By

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