Multifamily
636 S Quitman St
636 S Quitman St, Denver, CO 80219
Listing Price: $1,610,000
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for 636 S Quitman St, a 14-unit multifamily property located in the heart of West Denver. This attractive, cottage-style asset offers investors a rare opportunity to acquire a high-yielding property with strong in-place cash flow and additional upside through continued rent growth.
The property is offered at $1,750,000, representing a 6.41% cap rate with the ability to achieve a 6.67% Year 1 cap rate. Investors will benefit from an 7.93% cash-on-cash return and a low basis of approximately $125,000 per unit, well below replacement cost.
636 S Quitman St
Investment Highlights
- High-yield investment with strong day-one cash flow and immediate income potential
- Low basis pricing provides downside protection and long-term appreciation upside
- Cottage-style layout enhances privacy, supporting strong demand and occupancy
- Studio and one-bedroom mix aligns with Denver's largest renter pool
- 10-unit scale attracts broad buyer pool and offers simple, efficient management
- Retail space offers additional upside through lease-up and repositioning
Exclusively Listed By
Listing Price: $1,610,000
Investment Highlights
- High-yield investment with strong day-one cash flow and immediate income potential
- Low basis pricing provides downside protection and long-term appreciation upside
- Cottage-style layout enhances privacy, supporting strong demand and occupancy
- Studio and one-bedroom mix aligns with Denver's largest renter pool
- 10-unit scale attracts broad buyer pool and offers simple, efficient management
- Retail space offers additional upside through lease-up and repositioning
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for 636 S Quitman St, a 14-unit multifamily property located in the heart of West Denver. This attractive, cottage-style asset offers investors a rare opportunity to acquire a high-yielding property with strong in-place cash flow and additional upside through continued rent growth. The property is offered at $1,750,000, representing a 6.41% cap rate with the ability to achieve a 6.67% Year 1 cap rate. Investors will benefit from an 7.93% cash-on-cash return and a low basis of approximately $125,000 per unit, well below replacement cost.
Exclusively Listed By
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