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Multifamily

Hawthorne Apartments

4100 S Bannock Street, Englewood, CO 80110

Listing Price: $8,050,000

Cap Rate
4.74%
Number of Units
46
GRM
14.01
Occupancy
92.3%
Price/Unit
$175,000
Price/Gross SF
$292.83
Gross SF
27,490

Investment Overview

Marcus & Millichap is pleased to present the Hawthorne Apartments, located at 4100 - 4110 South Bannock Street in Englewood, Colorado. Built in 1970, this 46-unit apartment complex, consists of two buildings and is composed of 34 one-bedroom and 12 two-bedroom units. The one-bedroom units average 546 square feet with the two-bedroom units averaging 743 square feet. Constructed in 1970, all apartments have been partially renovated with new carpet, windows, vinyl plank flooring, kitchen countertops, low flow toilets, ceiling fans, and new bathroom tub/showers. The expansive Englewood area provides residents close proximity to downtown Denver, while maintaining access to open spaces, good schools, and other comforting amenities. The Hawthorne Apartments is just three blocks away from South Broadway and its wide variety of retail and dining-options. Residents are only a six-minute drive from Cornerstone Park, Englewood Childrens Farm, and Pirates Cove Water Park. This propertys convenient location within the Denver Metro Area offers residents access to numerous employment hubs and is within close proximity to Swedish Medical Center/Craig Rehabilitation Center, Porter Hospital, Englewood City Center, and Oxford Light Rail Station. On top of the attractive lifestyle that Englewood offers, it has seen immense economic growth over the last year. Property values have increased 11.9% since 2019 and continue to rise, making Englewood one of the most attractive markets for an investor to tap into.

Investment Highlights

  • 46-Unit Multifamily Consisting of One and Two-Bedroom Units
  • Ample Parking, Laundry Facilities, Courtyard, Picnic Area, Landscaping
  • 0.8 Miles to Oxford Light Rail Station (15-Minute Walk)

Exclusively Listed By

Listing Price: $8,050,000

Cap Rate
4.74%
Number of Units
46
GRM
14.01
Occupancy
92.3%
Price/Unit
$175,000
Price/Gross SF
$292.83
Gross SF
27,490

Investment Highlights

  • 46-Unit Multifamily Consisting of One and Two-Bedroom Units
  • Ample Parking, Laundry Facilities, Courtyard, Picnic Area, Landscaping
  • 0.8 Miles to Oxford Light Rail Station (15-Minute Walk)

Investment Overview

Marcus & Millichap is pleased to present the Hawthorne Apartments, located at 4100 - 4110 South Bannock Street in Englewood, Colorado. Built in 1970, this 46-unit apartment complex, consists of two buildings and is composed of 34 one-bedroom and 12 two-bedroom units. The one-bedroom units average 546 square feet with the two-bedroom units averaging 743 square feet. Constructed in 1970, all apartments have been partially renovated with new carpet, windows, vinyl plank flooring, kitchen countertops, low flow toilets, ceiling fans, and new bathroom tub/showers. The expansive Englewood area provides residents close proximity to downtown Denver, while maintaining access to open spaces, good schools, and other comforting amenities. The Hawthorne Apartments is just three blocks away from South Broadway and its wide variety of retail and dining-options. Residents are only a six-minute drive from Cornerstone Park, Englewood Childrens Farm, and Pirates Cove Water Park. This propertys convenient location within the Denver Metro Area offers residents access to numerous employment hubs and is within close proximity to Swedish Medical Center/Craig Rehabilitation Center, Porter Hospital, Englewood City Center, and Oxford Light Rail Station. On top of the attractive lifestyle that Englewood offers, it has seen immense economic growth over the last year. Property values have increased 11.9% since 2019 and continue to rise, making Englewood one of the most attractive markets for an investor to tap into.

Exclusively Listed By

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