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Multifamily

Asbury Gardens

4640 E Asbury Cir, Denver, CO 80222

Listing Price: $4,600,000

Cap Rate
5.45%
GRM
11.74
Occupancy
95.0%
Price/Gross SF
$298.90
Gross SF
15,390

Investment Overview

Marcus & Millichap is pleased to present Asbury Gardens, a 22-unit property located in the Virginia Village neighborhood of Denver, CO. Asbury Gardens presents a prime investment opportunity in the sought-after Virginia Village neighborhood of southeast Denver. This well-maintained apartment complex offers 1, 2, and 3-bedroom units that feature updated kitchens with newer appliances, contemporary lighting, stylish tile, and hardwood flooring. The units also benefit from modern paint schemes, enhancing the aesthetic appeal and desirability for tenants. Strategically located in a residential area, Asbury Gardens offers easy access to major roadways, including I-25 and Colorado Blvd, as well as proximity to the University of Denver, shopping centers, schools, and more. A mere 7-minute walk to the light rail station provides convenient public transportation access, ensuring strong demand from commuters.

Investment Highlights

  • Prime Location with Excellent Connectivity
  • Strong Rental Demand and Operational Upside
  • Attractive Financial Profile and Growth Potential

Exclusively Listed By

Multifamily

Asbury Gardens

Listing Price: $4,600,000

Cap Rate
5.45%
GRM
11.74
Occupancy
95.0%
Price/Gross SF
$298.90
Gross SF
15,390

Investment Highlights

  • Prime Location with Excellent Connectivity
  • Strong Rental Demand and Operational Upside
  • Attractive Financial Profile and Growth Potential

Investment Overview

Marcus & Millichap is pleased to present Asbury Gardens, a 22-unit property located in the Virginia Village neighborhood of Denver, CO. Asbury Gardens presents a prime investment opportunity in the sought-after Virginia Village neighborhood of southeast Denver. This well-maintained apartment complex offers 1, 2, and 3-bedroom units that feature updated kitchens with newer appliances, contemporary lighting, stylish tile, and hardwood flooring. The units also benefit from modern paint schemes, enhancing the aesthetic appeal and desirability for tenants. Strategically located in a residential area, Asbury Gardens offers easy access to major roadways, including I-25 and Colorado Blvd, as well as proximity to the University of Denver, shopping centers, schools, and more. A mere 7-minute walk to the light rail station provides convenient public transportation access, ensuring strong demand from commuters.

Exclusively Listed By

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