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Riverpoint 1330 W Mississippi Ave 42 Unit Apartment Building For Sale Denver, CO 80223
Investment Highlights
- Premier South Denver Location with Strong Accessibility
- Continued Capital Improvements and Unit Upgrades
- Operational and Rental Upside Through Continued Value Add Execution The opportunity exists for a new owner to continue re
- Strong Denver Demographics and Employment Drivers
- Established Asset Positioned Within a High Demand Rental Corridor
- Highly Attractive Assumable Agency Financing
Executive Summary
As exclusive advisor, MMG Real Estate Advisors is pleased to offer the rare opportunity to acquire Riverpoint Apartments, a 42-unit multifamily community located in Denver, Colorado. The property is strategically located in South Denver with convenient access to Santa Fe Drive, I-25, and Highway 6, allowing connectivity throughout the Denver Metro, and benefits from proximity to Downtown Denver, the Denver Tech Center, and the South Broadway corridor. Built in 1971 and partially renovated in 2022, Riverpoint Apartments is a truly unique value-add asset that provides significant upside through the modernization of remaining classic units and operational improvements to stabilize the current occupancy. The asset features highly attractive, assumable full-term interest-only financing with a principal balance of $3.59M at a fixed 3.35% interest rate. The
community offers a desirable mix of one- and two-bedroom floorplans and features recent exterior upgrades alongside modernized interiors in select units. Riverpoint Apartments presents a compelling opportunity driven by the combination of attractive assumable financing, operational upside through continued renovations, and strong Denver market fundamentals.
community offers a desirable mix of one- and two-bedroom floorplans and features recent exterior upgrades alongside modernized interiors in select units. Riverpoint Apartments presents a compelling opportunity driven by the combination of attractive assumable financing, operational upside through continued renovations, and strong Denver market fundamentals.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| 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 | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 1.00 AC |
| No. Units | 42 | Building Size | 31,592 SF |
| Property Type | Multifamily | Average Occupancy | 64% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1971/2022 |
| Building Class | C | Parking Ratio | 0.79/1,000 SF |
| Zoning | G-MU-5 | ||
| Sale Type | Investment |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 31,592 SF |
| Average Occupancy | 64% |
| No. Stories | 4 |
| Year Built/Renovated | 1971/2022 |
| Parking Ratio | 0.79/1,000 SF |
| Zoning | G-MU-5 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 33 | $1,150 | 495 |
| 2+1 | 9 | $1,350 | 625 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 5211-06-022 | Improvements Assessment | $43,550 (2025) |
| Land Assessment | $43,550 (2025) | Total Assessment | $445,330 (2025) |
Property Taxes
Parcel Number
5211-06-022
Land Assessment
$43,550 (2025)
Improvements Assessment
$43,550 (2025)
Total Assessment
$445,330 (2025)
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Videos
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Photos
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Street
Map
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Riverpoint | 1330 W Mississippi Ave
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