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4587 Federal Blvd
Denver, CO 80211

Grandview Apartments · Multifamily Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • Prime Berkeley Neighborhood Location Blocks from Rocky Mountain Lake
  • Potential for Addition of 9th Unit in Existing Individually Metered Space
  • Large Half-Acre Lot with Ample Off-Street Parking
  • Significant Value-Add Opportunity - 15.54% Pro Forma Cash-on-Cash Return
  • On-Site Storage
  • Unit Features Include Central AC, In-Unit Washers and Dryers, and Private Porches (in select units)

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Lot Size 0.53 AC
Building Size 8,386 SF
Average Occupancy 100%
No. Stories 2
Year Built 1981
Parking Ratio 2.62/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Washer/Dryer

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 $1,108 -

PROPERTY TAXES

ZONING

Zoning Code U-SU-C1
  • Listing ID: 22953864

  • Date on Market: 5/6/2021

  • Last Updated:

  • Address: 4587 Federal Blvd, Denver, CO 80211