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Browse More Listings in Multifamily For Sale, Denver, CO or Colorado

Multifamily Property For Sale

Valley Park

629 Wolff, Denver, CO 80204

Price:
$10,300,000
No. Units:
236
Building Size:
136,094 SF
Price/Unit:
$43,644.07
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
7.10%
Occupancy:
100%
No. Stories:
2
Tenancy:
Multiple
Year Built:
1961
Find Out More...

Last Verified 11/9/2009 Listing ID 16126930

Highlights

Assumable WaMu loan at 5.9%
Excellent unit mix
Quiet, family-oriented apartment community

Five blocks south of a new RTD Light Rail Station
Vacant land on the property provides an opportunity for development
Very well maintained, with major renovations

Description

**Price per SF $75.68** **Price per unit: $43,644** Valley Park consists of 14 apartment buildings, a leasing office with a manager' s apartment, large maintenance area, and a large laundry room situated on approximately 16.22 acres in the City and County of Denver. Community amenities include a heated outdoor swimming pool, many open green spaces, several playgrounds, and a multitude of barbeque areas complete with picnic tables. Valley Park boasts an attractive unit mix with studio, one, two, and three bedroom units.

Valley Park is located in West Denver, just north of 6th Avenue on Sheridan Boulevard, this 236-unit apartment community was built in 1960 through 1962. This location provides easy access to Downtown Denver, the Belmar redevelopment, Lakewood, I-25 and the Denver Tech Center, a major employment center. Valley Park also enjoys tremendous visibility from 6th Avenue.

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Steven Rahe (303) 572-5508

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Created 3/2/2009

Additional Information for 629 Wolff Street, Denver, CO 80204

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Valley Park

629 Wolff, Denver, CO, 80204