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Multifamily

794 Glencoe Street

794 Glencoe St, Denver, CO 80220

Listing Price: $1,600,000

Cap Rate
3.82%
Number of Units
4
Price/Unit
$400,000
Price/Gross SF
$452.36
Gross SF
3,537

Investment Overview

Marcus & Millichap is pleased to present 794 Glencoe Street, a four-unit building in Denver’s Hale neighborhood. The property offers an even mix of one- and two-bedroom units within walking distance of the popular 9th&CO development and Trader Joe’s. The property has been well maintained and features updated unit interiors, shared on-site laundry, private garages for each unit, and a shared garden. The largest unit features access to a private rooftop patio. Located in Denver’s popular Hale neighborhood, the subject property offers a desirable mix of convenience, space, and local charm. The property benefits from a vibrant neighborhood dining scene, its proximity to Colfax Avenue, and an easy commute to downtown Denver. 794 Glencoe Street’s highly desirable Hale location 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

  • Current E-MU-2-5 Zoning Allows for Higher Density Given Proper Approval by City and Zoning
  • Proximity to 9th&CO Development, Rose Medical Center, and the Colfax Retail Scene
  • Unique Community Amenities Including Private Garages and Shared Outdoor Spaces
  • Updated Unit Interiors

Exclusively Listed By

Financing By

Listing Price: $1,600,000

Cap Rate
3.82%
Number of Units
4
Price/Unit
$400,000
Price/Gross SF
$452.36
Gross SF
3,537

Investment Highlights

  • Current E-MU-2-5 Zoning Allows for Higher Density Given Proper Approval by City and Zoning
  • Proximity to 9th&CO Development, Rose Medical Center, and the Colfax Retail Scene
  • Unique Community Amenities Including Private Garages and Shared Outdoor Spaces
  • Updated Unit Interiors

Investment Overview

Marcus & Millichap is pleased to present 794 Glencoe Street, a four-unit building in Denver’s Hale neighborhood. The property offers an even mix of one- and two-bedroom units within walking distance of the popular 9th&CO development and Trader Joe’s. The property has been well maintained and features updated unit interiors, shared on-site laundry, private garages for each unit, and a shared garden. The largest unit features access to a private rooftop patio. Located in Denver’s popular Hale neighborhood, the subject property offers a desirable mix of convenience, space, and local charm. The property benefits from a vibrant neighborhood dining scene, its proximity to Colfax Avenue, and an easy commute to downtown Denver. 794 Glencoe Street’s highly desirable Hale location 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

Financing By

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