1272 Pearl St 18 Unit Apartment Building $3,350,000 ($186,111/Unit) 4.50% Cap Rate Denver, CO 80203



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
The Julie at Pearl offers a rare and exceptional multifamily investment opportunity in the heart of Denver’s sought-after Capitol Hill neighborhood. This historic three-story building exudes character and charm, boasting a beautiful brick façade that complements its timeless aesthetic. Inside, the property features 18 uniquely designed studio and one-bedroom apartment units. Each unit is thoughtfully configured to maximize space and natural light. The apartments are enriched by original woodwork and large windows, providing a warm and inviting living experience for tenants. Adding to its appeal, The Julie offers five off-street parking spaces, a coveted amenity in this bustling urban area. The property delivers a peaceful and convenient atmosphere, positioned in a vibrant neighborhood teeming with popular restaurants, trendy coffee shops, boutique stores, local markets, and essential services - many within walking distance. Capitol Hill is known for its dynamic energy, historic charm, and central location, making it a magnet for professionals, creatives, and urban dwellers. For investors, this is a prime opportunity to secure reliable rental income and long-term appreciation in a market that continues to thrive.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$99,999
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$9.99
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Other Income |
$99,999
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$9.99
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Vacancy Loss |
$99,999
![]() |
$9.99
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Effective Gross Income |
$99,999
![]() |
$9.99
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Taxes |
$99,999
![]() |
$9.99
![]() |
Operating Expenses |
$99,999
![]() |
$9.99
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Total Expenses |
$99,999
![]() |
$9.99
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Net Operating Income |
$99,999
![]() |
$9.99
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PROPERTY FACTS
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Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (70)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
Parcel Number | 5031-12-075 | Total Assessment | $250,530 (2023) |
Land Assessment | $23,760 (2023) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $226,770 (2023) | Tax Year | 2025 |
ZONING
Zoning Code | G-MU-5 |