2805 E 16th Ave
Denver, CO 80206
St. Cloud · Multifamily Property For Sale · 14 Units

St. Cloud is a distinctive, 14-unit investment opportunity with a long history dating back to the late 1800’s. The 11’+ ceilings, expansive hallways, two oversized front common-area balconies, built-in cabinets, intact period details and large skylight on the top floor make this a very appealing value-add acquisition. The location is within a block of City Park, walking distance to the Carla Madison Recreation Center, and within proximity of Colfax’s best restaurants and nightlife make this a very desirable location. Many units feature historic details including claw-foot tubs, built-in cabinets, exposed brick and expansive bay windows. Since 2012, six of the units have been remodeled to include dishwashers, disposals, upgraded cabinets, and newer kitchen countertops. Numerous capital improvements have been made recently including electrical, plumbing, newer boilers for heat and hot water, and stairs/fire escape in rear of building. The property has an extensive and well-documented history. In November 1890 construction began on the 3-story, boarding house to be called the St. Cloud Hotel which was then completed in 1891. Around 1899 the building became the Saint Catherine’s Home for Working Girls when the Sisters of Mercy moved in to utilize as a boarding house. In 1906 the Sisters of Mercy moved to the recently built Mercy Hospital nearby and sold the building to a new owner who converted it to the Lenox Apartments in 1907. This unique building has had many uses over the past 128 years and retains much of the old-world historic charm.