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At the River 1725 W Mosier Pl 42 Unit Apartment Building $5,500,000 ($130,952/Unit) Denver, CO 80223
Executive Summary
The River Apartments, located at 1725 W. Mosier Place in Denver, Colorado, is a well-maintained 42-unit multifamily community offering investors the opportunity to acquire a stabilized asset with clear value-add upside in a high-demand, working-class neighborhood. Built in 1960, the property benefits from a strong operational history, thoughtful ownership, and a location that continues to attract renters seeking convenient access to employment, transportation, and daily necessities.
The current ownership has operated the property with pride, completing updates over time and maintaining a clean, safe, and well-managed living environment. Both boiler systems, all windows, roofs, and parking lots have been upgraded. This stewardship has resulted in consistent tenant demand and stable occupancy, reinforcing the property’s position as reliable workforce housing.
While the property is currently stabilized at 96% occupancy, there is meaningful upside through the renovation of remaining classic units and the opportunity to bring rents to
full market levels. This value-add component allows investors to enhance cash flow while preserving the asset’s role as attainable housing.
Strategically located near major employment corridors, transit routes, and retail amenities, The River Apartments offers residents an efficient commute and connectivity to the broader Denver metro. These location fundamentals, combined with rising homeownership costs and limited attainable housing supply, continue to support durable rental demand.
The current ownership has operated the property with pride, completing updates over time and maintaining a clean, safe, and well-managed living environment. Both boiler systems, all windows, roofs, and parking lots have been upgraded. This stewardship has resulted in consistent tenant demand and stable occupancy, reinforcing the property’s position as reliable workforce housing.
While the property is currently stabilized at 96% occupancy, there is meaningful upside through the renovation of remaining classic units and the opportunity to bring rents to
full market levels. This value-add component allows investors to enhance cash flow while preserving the asset’s role as attainable housing.
Strategically located near major employment corridors, transit routes, and retail amenities, The River Apartments offers residents an efficient commute and connectivity to the broader Denver metro. These location fundamentals, combined with rising homeownership costs and limited attainable housing supply, continue to support durable rental demand.
Property Facts
| Price | $5,500,000 | Building Class | C |
| Price Per Unit | $130,952 | Lot Size | 0.58 AC |
| Sale Type | Investment | Building Size | 30,126 SF |
| No. Units | 42 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Low-Rise | Parking Ratio | 1.29/1,000 SF |
| Zoning | G-MU-3 | ||
| Price | $5,500,000 |
| Price Per Unit | $130,952 |
| Sale Type | Investment |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 30,126 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | G-MU-3 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Double Pane Windows
- Handrails
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Security System
- Wi-Fi
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 500 |
| 1+1 | 33 | - | 700 |
| 2+1 | 6 | - | 900 |
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 5212-02-029 | Improvements Assessment | $22,570 |
| Land Assessment | $22,570 | Total Assessment | $451,260 |
Property Taxes
Parcel Number
5212-02-029
Land Assessment
$22,570
Improvements Assessment
$22,570
Total Assessment
$451,260
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