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1327 Jersey St 7 Unit Apartment Building $2,950,000 ($421,429/Unit) 5.44% Cap Rate Denver, CO 80220
INVESTMENT HIGHLIGHTS
- Opportunity to Acquire a New 7-Unit Apartment Building in a Highly Desirable Area
- In-Unit Washer/Dryer in Every Unit
- PTAC / Mini-Split System for Heat/Air Conditioning in Every Unit
- New EPDM Roof, New Vinyl Double Pane Windows, New PVC/PEX Plumbing, New Electrical, New Hot Water Heaters
- 4 Units Featuring Rooftop Patios
- 5 Covered Off Street Parking Spaces
EXECUTIVE SUMMARY
Pinnacle Real Estate Advisors is pleased to present 1327 Jersey Street, a newly constructed (2021), 7-unit multifamily property located in Denver’s highly
sought-after Hale Neighborhood. The property is currently 100% occupied with an average in-place rent of $2,395/month and an average rent per square
foot of $2.62/SF, driven by large floorplans, modern finishes, and proximity to major employment nodes. Additional tenant attractions include private
rooftop decks (4 units), in-unit laundry, covered parking, and efficient PTAC/mini-split HVAC systems. These amenities will allow for new ownership to have
low operating expenses and minimal near-term capital needs. Demand for high-quality boutique product remains strong in the Hale/Mayfair corridor, where
limited new supply, strong demographics, and adjacency to Rose Medical Center and the new 9th and CO development continue to push rent levels. The
property is walking distance to multiple grocery stores (King Soopers and Safeway), the Mayfair Plaza Shopping Center, and numerous retail stores.
sought-after Hale Neighborhood. The property is currently 100% occupied with an average in-place rent of $2,395/month and an average rent per square
foot of $2.62/SF, driven by large floorplans, modern finishes, and proximity to major employment nodes. Additional tenant attractions include private
rooftop decks (4 units), in-unit laundry, covered parking, and efficient PTAC/mini-split HVAC systems. These amenities will allow for new ownership to have
low operating expenses and minimal near-term capital needs. Demand for high-quality boutique product remains strong in the Hale/Mayfair corridor, where
limited new supply, strong demographics, and adjacency to Rose Medical Center and the new 9th and CO development continue to push rent levels. The
property is walking distance to multiple grocery stores (King Soopers and Safeway), the Mayfair Plaza Shopping Center, and numerous retail stores.
FINANCIAL SUMMARY (ACTUAL - 2025) 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 - 2025) 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 | $2,950,000 | Apartment Style | Low-Rise |
| Price Per Unit | $421,429 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 5.44% | Building Size | 6,808 SF |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Apartment | Parking Ratio | 0.73/1,000 SF |
| Zoning | E-MU-2.5 | ||
| Price | $2,950,000 |
| Price Per Unit | $421,429 |
| Sale Type | Investment |
| Cap Rate | 5.44% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,808 SF |
| No. Stories | 3 |
| Year Built | 2021 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | E-MU-2.5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Package Service
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 490 - 745 |
| 2+2.5 | 2 | - | 1,020 - 1,337 |
| 3+2.5 | 2 | - | 1,349 - 1,363 |
1 1
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 6052-12-014 | Total Assessment | $173,720 |
| Land Assessment | $32,130 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $32,130 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
6052-12-014
Land Assessment
$32,130
Improvements Assessment
$32,130
Total Assessment
$173,720
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
(303) 962-9555
x150
CONTACTS
-
Quentin Shore -
Chris Knowlton -
Jim Knowlton -
Jennifer King -
Pinnacle Real Estate Advisors
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1327 Jersey St
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