Skip to main content

Multifamily

3401 Williams Street

3401 N Williams St, Denver, CO 80205

Listing Price: $2,635,000

Cap Rate
5.39%
Number of Units
10
Price/Unit
$263,500
Price/Gross SF
$301.14
Gross SF
8,750

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale 3401 Williams Street, a 10-unit apartment community in Denver, Colorado. Built in 1903, the subject property offers an ideal unit mix of all two-bedroom/one-bathroom units. Located in Denver’s Cole neighborhood just east of the popular RiNo Arts District, 3401 Williams Street offers residents easy access to neighborhood dining and entertainment options as well as convenient access to downtown Denver via a 30-minute bus ride or a 10-minute drive. This property offers the potential for large upside with no need for capital influx. This, combined with Denver’s strong employment fundamentals, low vacancy levels, and rapidly expanding rental demand makes the subject property a strong investment opportunity.

Investment Highlights

  • Updated Interiors in All Units
  • Prime Location Just Northwest of City Park
  • New Parking Lot in 2019
  • Updated Laundry Room in 2020
  • Ample Off-Street Parking - 1:1 Parking Ratio
  • Upside in Rents with No Capital Influx

Exclusively Listed By

Listing Price: $2,635,000

Cap Rate
5.39%
Number of Units
10
Price/Unit
$263,500
Price/Gross SF
$301.14
Gross SF
8,750

Investment Highlights

  • Updated Interiors in All Units
  • Prime Location Just Northwest of City Park
  • New Parking Lot in 2019
  • Updated Laundry Room in 2020
  • Ample Off-Street Parking - 1:1 Parking Ratio
  • Upside in Rents with No Capital Influx

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale 3401 Williams Street, a 10-unit apartment community in Denver, Colorado. Built in 1903, the subject property offers an ideal unit mix of all two-bedroom/one-bathroom units. Located in Denver’s Cole neighborhood just east of the popular RiNo Arts District, 3401 Williams Street offers residents easy access to neighborhood dining and entertainment options as well as convenient access to downtown Denver via a 30-minute bus ride or a 10-minute drive. This property offers the potential for large upside with no need for capital influx. This, combined with Denver’s strong employment fundamentals, low vacancy levels, and rapidly expanding rental demand makes the subject property a strong investment opportunity.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower