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2520 W 65th Pl 4 Unit Apartment Building $995,000 ($248,750/Unit) 8.40% Cap Rate Denver, CO 80221
Investment Highlights
- All units updated with new kitchens, bathrooms, flooring, and in-unit laundry
- Extensive recent updates including new roof (2026), plumbing, electrical, and exterior
- Separately metered gas & electric – tenants pay direct
- Oversized 18,000 SF lot with potential for development, short term rental, or other creative uses
- Strong cash flow with upside potential
Executive Summary
**PLEASE REACH OUT TO LEAD CONTACT HUNTER SCHAEFER WITH ANY INTEREST/TOURS**
Unit #2 is currently vacant intentionally for owner-occupant buyer. The rest of the units are occupied.
Property Highlights:
• All units updated with new kitchens, bathrooms, flooring, and in-unit laundry
• Oversized 18,000 SF lot with potential for development, short term rental, or other creative uses
• Extensive recent updates including new roof (2026), plumbing, electrical, and exterior
• Strong cash flow with upside potential
• Separately metered gas & electric – tenants pay direct
Unit #2 is currently vacant intentionally for owner-occupant buyer. The rest of the units are occupied.
Property Highlights:
• All units updated with new kitchens, bathrooms, flooring, and in-unit laundry
• Oversized 18,000 SF lot with potential for development, short term rental, or other creative uses
• Extensive recent updates including new roof (2026), plumbing, electrical, and exterior
• Strong cash flow with upside potential
• Separately metered gas & electric – tenants pay direct
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$89,484
|
$20.82
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$89,484
|
$20.82
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $89,484 |
| Annual Per SF | $20.82 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $89,484 |
| Annual Per SF | $20.82 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $995,000 | Apartment Style | Low-Rise |
| Price Per Unit | $248,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.41 AC |
| Cap Rate | 8.40% | Building Size | 4,298 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1973/2024 |
| Property Subtype | Apartment | Parking Ratio | 2.79/1,000 SF |
| Zoning | R3 - R3 Zoning | ||
| Price | $995,000 |
| Price Per Unit | $248,750 |
| Sale Type | Investment |
| Cap Rate | 8.40% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 4,298 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2024 |
| Parking Ratio | 2.79/1,000 SF |
| Zoning | R3 - R3 Zoning |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | 1,249 |
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Property Taxes
| Parcel Number | 1825-05-4-06-023 | Improvements Assessment | $40,460 |
| Land Assessment | $8,870 | Total Assessment | $49,330 |
Property Taxes
Parcel Number
1825-05-4-06-023
Land Assessment
$8,870
Improvements Assessment
$40,460
Total Assessment
$49,330
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2520 W 65th Pl
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