The Residences at 5th Avenue | 414-418 E 5th Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
The Residences at 5th Avenue 414-418 E 5th Ave
3 Unit Apartment Building $1,299,000 ($433,000/Unit) 4.84% Cap Rate Denver, CO 80203
INVESTMENT HIGHLIGHTS
- One 3-Bedroom Unit, Two 1-Bedroom Units
- Sewer Lines Replaced in 2021
- Original Character with Modern Upgrades
- Washer/Dryers in Each Unit
- Walking Distance to Cherry Creek Trail
EXECUTIVE SUMMARY
The Residences at 5th Avenue are situated in a highly desirable and walkable area of Denver. This 3-unit rental property benefits from proximity to amenities such as parks, schools, restaurants, and public transportation. The demand for rental properties in this location is likely to remain strong for years to come.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,299,000 | Property Subtype | Apartment |
| Price Per Unit | $433,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 4.84% | Building Size | 2,816 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1910 |
| Price | $1,299,000 |
| Price Per Unit | $433,000 |
| Sale Type | Investment |
| Cap Rate | 4.84% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.08 AC |
| Building Size | 2,816 SF |
| No. Stories | 2 |
| Year Built | 1910 |
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Refrigerator
- Yard
- Patio
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1.5 | 1 | - | 1,800 |
| 1+1 | 2 | - | 650 - 1,000 |
1 of 1
Walk Score®
Walker's Paradise (94)
Bike Score®
Biker's Paradise (98)
ZONING
| Zoning Code | G-MU-3 |
| G-MU-3 |
1 of 65
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
The Residences at 5th Avenue | 414-418 E 5th Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.