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Multifamily

7721-7729 East 14th, Ave

7721 E 14th Ave, Denver, CO 80220

Listing Price: $1,125,000

Cap Rate
7.32%
Number of Units
6
GRM
11.16
Occupancy
95.0%
Price/Unit
$187,500
Price/Gross SF
$375.00
Gross SF
3,000

Investment Overview

Marcus & Millichap is pleased to present 7721 E 14th Ave, a rare six-unit cottage-style multifamily investment opportunity located in the highly desirable East Denver submarket. Situated on a prominent 0.35-acre corner lot, the property consists of six fully renovated side-by-side residences that provide tenants with the privacy and feel of single-family living while offering investors the operational efficiencies of multifamily ownership. Each unit is complemented by a detached garage that is leased separately, creating an additional income stream and enhancing the overall tenant experience.



The property is offered at a 7.35% Day One Cap Rate with the ability to increase to a 7.89% Year One Cap Rate, providing investors with immediate cash flow and continued income growth. In addition to its strong in-place operations, the unique side-by-side layout presents an attractive opportunity for a future condominium conversion or long-term redevelopment, offering multiple paths to create value. With its turnkey condition, differentiated product type, and desirable Denver location, 7721 E 14th Ave represents a compelling opportunity to acquire a high-quality asset with durable cash flow and long-term appreciation potential.

Investment Highlights

  • Six cottage-style homes offer single-family privacy with the efficiency of multifamily ownership.
  • Situated on a 0.35-acre corner lot with strong land value and future redevelopment potential.
  • Unique layout may support a future condo conversion, creating an additional value-add opportunity.
  • Fully renovated property with modern finishes and minimal near-term capital needs.
  • Detached garages provide additional income and a highly desirable tenant amenity.

Exclusively Listed By

Multifamily

7721-7729 East 14th, Ave

Listing Price: $1,125,000

Cap Rate
7.32%
Number of Units
6
GRM
11.16
Occupancy
95.0%
Price/Unit
$187,500
Price/Gross SF
$375.00
Gross SF
3,000

Investment Highlights

  • Six cottage-style homes offer single-family privacy with the efficiency of multifamily ownership.
  • Situated on a 0.35-acre corner lot with strong land value and future redevelopment potential.
  • Unique layout may support a future condo conversion, creating an additional value-add opportunity.
  • Fully renovated property with modern finishes and minimal near-term capital needs.
  • Detached garages provide additional income and a highly desirable tenant amenity.

Investment Overview

Marcus & Millichap is pleased to present 7721 E 14th Ave, a rare six-unit cottage-style multifamily investment opportunity located in the highly desirable East Denver submarket. Situated on a prominent 0.35-acre corner lot, the property consists of six fully renovated side-by-side residences that provide tenants with the privacy and feel of single-family living while offering investors the operational efficiencies of multifamily ownership. Each unit is complemented by a detached garage that is leased separately, creating an additional income stream and enhancing the overall tenant experience. The property is offered at a 7.35% Day One Cap Rate with the ability to increase to a 7.89% Year One Cap Rate, providing investors with immediate cash flow and continued income growth. In addition to its strong in-place operations, the unique side-by-side layout presents an attractive opportunity for a future condominium conversion or long-term redevelopment, offering multiple paths to create value. With its turnkey condition, differentiated product type, and desirable Denver location, 7721 E 14th Ave represents a compelling opportunity to acquire a high-quality asset with durable cash flow and long-term appreciation potential.

Exclusively Listed By

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