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1272 Pearl St
Denver, CO 80203

Multifamily Property For Sale · 18 Units

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Investment Highlights

Value-add multi-family investment opportunity- below market rents
Reserved off-street parking for tenants

Light and bright studio and one-bedroom floor plans
Legacy asset owned by same family for 32 years

Executive Summary

Multifamily Investment Opportunity - Above grade studio and one-bedroom apartments.

PROPERTY FACTS

Price Per Unit	$202,778	Building Class	B
Sale Type	Investment	Lot Size	0.13 AC
Cap Rate	3.90%	Building Size	8,568 SF
Sale Conditions	1031 Exchange High Vacancy Property	Average Occupancy	100%
No. Units	18	No. Stories	3
Property Type	Multifamily	Year Built/Renovated	1927/2000
Property Subtype	Apartment	Parking Ratio	0.58/1,000 SF
Apartment Style	Low Rise

Price Per Unit	$202,778
Sale Type	Investment
Cap Rate	3.90%
Sale Conditions	1031 Exchange High Vacancy Property
No. Units	18
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	B
Lot Size	0.13 AC
Building Size	8,568 SF
Average Occupancy	100%
No. Stories	3
Year Built/Renovated	1927/2000
Parking Ratio	0.58/1,000 SF

PROPERTY TAXES

Parcel Number	5031-12-075	Improvements Assessment	$226,770
Land Assessment	$23,760	Total Assessment	$250,530

PROPERTY TAXES

Parcel Number

5031-12-075

Land Assessment

$23,760

Improvements Assessment

$226,770

Total Assessment

$250,530

zoning

Zoning Code	G-MU-5
G-MU-5

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Listing ID: 34429225
Date on Market: 1/9/2025
Last Updated:
Address: 1272 Pearl St, Denver, CO 80203

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