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1400 W Mississippi Ave
Denver, CO 80223
Flats at Mississippi · Multifamily Property For Sale
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18 Units
Investment Highlights
- 6.77% Proforma CAP Rate
- Updated Boiler, Roof, Hot Water Heater & Windows
- Great Unit Mix: (6) Studios, (6) 1Bds, (12) 2Bds
- Proforma Rents Already Being Achieved
- Priced Well Below Comparable Properties
- Adjacent to Recently Developed & Newly Renovated Apartment Properties
Property Facts
| No. Units | 18 | Building Size | 17,706 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.69/1,000 SF |
| Lot Size | 0.43 AC | ||
| Zoning | G-MU | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 17,706 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 1.69/1,000 SF |
| Zoning | G-MU |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Oven
Site Amenities
- Laundry Facilities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $1,044 | 575 - 600 |
| 1+1 | 6 | $1,086 | 675 - 750 |
| 2+1 | 6 | $1,243 | 800 - 850 |
Property Taxes
| Parcel Number | 5211-07-026 | Improvements Assessment | $20,110 |
| Land Assessment | $20,110 | Total Assessment | $261,410 |
Property Taxes
Parcel Number
5211-07-026
Land Assessment
$20,110
Improvements Assessment
$20,110
Total Assessment
$261,410
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