1325 N Marion St
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1325 N Marion St
8 Unit Apartment Building $1,085,000 ($135,625/Unit) 6.43% Cap Rate Denver, CO 80218
Investment Highlights
- Cheesman Park Neighborhood
- On-Site Laundry
- Shared Yard/Grill Area
- Off-Street Parking
- Walkable to Multiple Retails Shops
Executive Summary
Marcus and Millichap has been exclusively selected to market 1325-27 N Marion Street an eight-unit apartment complex located in the Chessman Park neighborhood. The property consists of six studio units and two two-bedroom/one-bathroom units. The building amenities include a shared patio/grill area, off-street parking and shared laundry. The neighborhood is extremely walkable to many bars, restaurants, shops and parks.
Please reach out to broker for full marketing package.
Please reach out to broker for full marketing package.
Property Facts
| Price | $1,085,000 | Apartment Style | Garden |
| Price Per Unit | $135,625 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 6.43% | Building Size | 3,900 SF |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1904 |
| Property Subtype | Apartment | Parking Ratio | 0.77/1,000 SF |
| Price | $1,085,000 |
| Price Per Unit | $135,625 |
| Sale Type | Investment |
| Cap Rate | 6.43% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,900 SF |
| No. Stories | 3 |
| Year Built | 1904 |
| Parking Ratio | 0.77/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Ceiling Fans
- Hardwood Floors
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,800 | 775 |
| 1+1 | 4 | $1,123 | 375 - 500 |
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Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 5022-15-016 | Improvements Assessment | $105,190 |
| Land Assessment | $14,330 | Total Assessment | $119,520 |
PROPERTY TAXES
Parcel Number
5022-15-016
Land Assessment
$14,330
Improvements Assessment
$105,190
Total Assessment
$119,520
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1325 N Marion St
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