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Light Rail West Apartments 1285 Wolff St 6 Unit Apartment Building $1,330,000 ($221,667/Unit) 5% Cap Rate Denver, CO 80204
Executive Summary
Exceptional opportunity in West Colfax.
Six (6) units - all 2bed/1bath.
Prime location. Zoned GMU-5.
ASSUMABLE DEBT: 3.4% until April 1, 2027
Six (6) units - all 2bed/1bath.
Prime location. Zoned GMU-5.
ASSUMABLE DEBT: 3.4% until April 1, 2027
Property Facts
| Price | $1,330,000 | Apartment Style | Low-Rise |
| Price Per Unit | $221,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 5% | Building Size | 5,028 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Zoning | G-MU-5 - General Urban, Multi-Unit, allowing up to five stories (or 65 feet). Buyer to confirm. | ||
| Price | $1,330,000 |
| Price Per Unit | $221,667 |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 5,028 SF |
| No. Stories | 3 |
| Year Built | 1969 |
| Parking Ratio | 2/1,000 SF |
| Zoning | G-MU-5 - General Urban, Multi-Unit, allowing up to five stories (or 65 feet). Buyer to confirm. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 720 |
1 1
Walk Score®
Very Walkable (72)
Property Taxes
| Parcel Number | 5062-00-141 | Improvements Assessment | $73,430 |
| Land Assessment | $73,430 | Total Assessment | $90,140 |
Property Taxes
Parcel Number
5062-00-141
Land Assessment
$73,430
Improvements Assessment
$73,430
Total Assessment
$90,140
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Videos
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Presented by
Twelve Sixty Seventy Investments
Light Rail West Apartments | 1285 Wolff St
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