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Investment Highlights
- Strong In-Place CAP Rate of 8.76%
- Room for Rent Growth
- Desirable Location
Executive Summary
As exclusive advisor, MMG Real Estate Advisors is pleased to offer the rare opportunity to acquire 1129 Akron St a 13-unit multifamily community located in Denver, CO
» A block away from Lowry Park and Lowry Family Health Center
» A short walk from Wings Over the Rockies Air & Space Museum
» A few blocks away from the E 11th Ave and Boston Bus Stop
» A block away from Lowry Park and Lowry Family Health Center
» A short walk from Wings Over the Rockies Air & Space Museum
» A few blocks away from the E 11th Ave and Boston Bus Stop
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,625,000 | Apartment Style | Low-Rise |
| Price Per Unit | $125,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 9.86% | Building Size | 7,290 SF |
| No. Units | 13 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1957 |
| Price | $1,625,000 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| Cap Rate | 9.86% |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 7,290 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | $1,295 | 540 |
| 2+1 | 2 | $1,350 | 675 |
1 1
Bike Score®
Very Bikeable (75)
Property Taxes
| Parcel Number | 1973-03-2-35-008 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $97,500 (2025) |
Property Taxes
Parcel Number
1973-03-2-35-008
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$97,500 (2025)
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1129 Akron St
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