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Brighton Townhouses 290 N 11th Ave 5 Unit Apartment Building $1,400,000 ($280,000/Unit) 6.20% Cap Rate Brighton, CO 80601



INVESTMENT HIGHLIGHTS
- Prime Location with Direct Access to Metro Denver Growth
- Five Neighboring Townhomes with Spacious Layouts and Strong Investment Potential
- Available Individually or as Part of a Larger Portfolio; Contact Advisor for Other Opportunities
- Established Employment Base with Regional Job Connectivity
- Flexible Exit Strategies with Strong Upside
EXECUTIVE SUMMARY
MMG Real Estate Advisors is pleased to present an exceptional opportunity to acquire Brighton Townhomes at 290 N 11th Ave, consisting of five individually parceled neighboring townhomes in Brighton, Colorado. Each spacious unit offers 2 bedrooms, 1.5 baths, and approximately 1,158 square feet of well-designed living space, complete with central air conditioning, attached garages, and additional off-street parking. Units also feature private patios and backyards, along with in-unit washer and dryer hookups, offering added convenience for tenants. These townhomes are individually metered for gas and electric, and have undergone recent capital improvements, including newer furnaces and water heaters, reducing immediate maintenance needs. Located just 25 minutes from Downtown Denver, the property benefits from Brighton’s strong rental demand, growing population, and proximity to major employment centers. With low HOA dues and rents currently below market, there is immediate upside through strategic rent increases. The property offers multiple exit strategies, including selling units individually or as a larger portfolio, or living in one or two units while renting out the others. This portfolio is ideal for both owner-users and investors seeking long-term cash flow and appreciation in one of the 3 Denver metro area’s fastest-growing communities
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,400,000 | Apartment Style | Townhome |
| Price Per Unit | $280,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 6.20% | Building Size | 5,790 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1983 |
| Property Subtype | Apartment |
| Price | $1,400,000 |
| Price Per Unit | $280,000 |
| Sale Type | Investment |
| Cap Rate | 6.20% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 5,790 SF |
| No. Stories | 2 |
| Year Built | 1983 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 5 | $1,288 | 1,158 |
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Brighton Townhouses | 290 N 11th Ave
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