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1380 W Mississippi Ave
Denver, CO 80223
Mississippi Plaza · Multifamily Property For Sale
·
24 Units
Investment Highlights
- 7.21% Actual CAP Rate!
- Newer Roof, Windows and Electric Panels
- Proforma Rents Already Being Achieved
- Rare Opportunity to Purchase 1980’s Construction in Denver
- Just 2.21% Current Vacancy = Immediate Rental Upside
- Large 1 Bedroom Units with Walk-In Closets
Property Facts
| No. Units | 24 | Lot Size | 0.43 AC |
| Property Type | Multifamily | Building Size | 16,067 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1982 |
| Building Class | C | Parking Ratio | 2.21/1,000 SF |
| Zoning | R3, Denver - R3, Denver | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 16,067 SF |
| No. Stories | 3 |
| Year Built | 1982 |
| Parking Ratio | 2.21/1,000 SF |
| Zoning | R3, Denver - R3, Denver |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Window Coverings
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | $1,283 | 550 |
Property Taxes
| Parcel Number | 5211-06-023 | Improvements Assessment | $20,110 |
| Land Assessment | $20,110 | Total Assessment | $299,310 |
Property Taxes
Parcel Number
5211-06-023
Land Assessment
$20,110
Improvements Assessment
$20,110
Total Assessment
$299,310
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