8400 E Colfax Ave | Denver, CO 80220
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8400 E Colfax Ave
Denver, CO 80220
Night Window · Multifamily Property For Sale · 25 Units
Investment Highlights
- 25 Unit Multifamily (Artist Housing)
- E-MS-3 Zoning
- Redevelopment Potential
- Corner Location
- Fully Renovated
- Opportunity to Convert back to a Motel
Executive Summary
Hoff & Leigh and Capital Property Group have teamed up to bring
you an incredible East Colfax opportunity! This rare opportunity
can continue being operated as highly profitable multifamily,
converted back to a motel, or utilized for its amazing location for a
re-development project. There is endless potential with this unique
property sitting on a highly visible corner of E Colfax. The property is
currently a 25 unit multifamily property utilized for artist housing on
nearly a half acre. Contact us today for more information.
you an incredible East Colfax opportunity! This rare opportunity
can continue being operated as highly profitable multifamily,
converted back to a motel, or utilized for its amazing location for a
re-development project. There is endless potential with this unique
property sitting on a highly visible corner of E Colfax. The property is
currently a 25 unit multifamily property utilized for artist housing on
nearly a half acre. Contact us today for more information.
PROPERTY FACTS
| Price Per Unit | $111,200 | Lot Size | 0.42 AC |
| Sale Type | Investment | Building Size | 8,421 SF |
| No. Units | 25 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2020 |
| Apartment Style | Low Rise | Parking Ratio | 2.97/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Price Per Unit | $111,200 |
| Sale Type | Investment |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 8,421 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2020 |
| Parking Ratio | 2.97/1,000 SF |
| Opportunity Zone |
Yes |
Site Amenities
- 24 Hour Access
- Business Center
- Clubhouse
- Courtyard
- Fenced Lot
- Picnic Area
- Property Manager on Site
- Laundry Service
- Pet Play Area
- Planned Social Activities
- Bicycle Storage
- Community-Wide WiFi
- Maintenance on site
- Multi Use Room
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 25 | - | 473 |
PROPERTY TAXES
| Parcel Number | 6041-05-003 | Improvements Assessment | $154,170 |
| Land Assessment | $33,100 | Total Assessment | $187,270 |
PROPERTY TAXES
Parcel Number
6041-05-003
Land Assessment
$33,100
Improvements Assessment
$154,170
Total Assessment
$187,270
zoning
| Zoning Code | E-MS-3 |
| E-MS-3 |
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