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3394 W 66th Ave 4 Unit Apartment Building Offered at $799,999 at a 5.20% Cap Rate Denver, CO 80221

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Investment Highlights

FOUR TOWNHOME-STYLE APARTMENTS BUILT IN 1983 - HUGE 1,000+ SF UNITS SPANNING TWO FLOORS
HIGH-PERFORMING ASSET IN THE BERKLEY/ MIDTOWN CORRIDOR
SIDE-BY-SIDE UNIT LAYOUTS AND PLENTY OF OFFSTREET PARKING

EACH APARTMENT COMES WITH IN-UNIT WASHER AND DRYER
LOWEST PRICE/SF CURRENTLY ON THE MARKET WITHIN A THREE MILE RADIUS
LARGE LOT WITH POSSIBILITY OF FUTURE REDEVELOPMENT

Executive Summary

This well-maintained four-unit property presents a compelling investment opportunity in Denver. The asset is comprised of four spacious two-bedroom,
one-bath residences, each exceeding 1,000 square feet, and designed in a townhome-style layout spanning two levels. This design provides residents with
an enhanced sense of privacy and a more residential living experience compared to traditional stacked apartment units.
The property also features dedicated off-street parking and a large lot with ample outdoor space, further enhancing tenant appeal. Additionally, the location
places residents within close proximity to several of Denver’s recently redeveloped parks and expanding greenway systems, providing convenient access to
outdoor amenities and contributing to the neighborhood’s continued growth and desirability. It also sits less than 15 minutes from Downtown Denver and Golden.
Offered at just $199 per square foot, the property represents a compelling basis relative to the market. At the current list price, this equates to $77/SF
cheaper than the average price per square foot of the comparable sales, which are currently averaging roughly $277/SF. This helps create an attractive entry
point for investors seeking both stable in-place income and long-term upside.

3394 W 66th Ave - OM Pinnacle REA 2026

Financial Summary (Actual - 2025)	Annual	Annual Per SF
Gross Rental Income	$64,800	$16.12
Other Income	-	-
Vacancy Loss	$3,240	$0.81
Effective Gross Income	$61,560	$15.31
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$19,997	$4.97
Net Operating Income	$41,563	$10.34

Financial Summary (Actual - 2025)

Gross Rental Income
Annual	$64,800
Annual Per SF	$16.12

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	$3,240
Annual Per SF	$0.81

Effective Gross Income
Annual	$61,560
Annual Per SF	$15.31

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$19,997
Annual Per SF	$4.97

Net Operating Income
Annual	$41,563
Annual Per SF	$10.34

Property Facts

Price	$799,999	Lot Size	0.37 AC
Price Per Unit	$200,000	Building Size	4,020 SF
Sale Type	Investment	No. Stories	2
Cap Rate	5.20%	Year Built	1983
No. Units	4	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Multifamily

Price	$799,999
Price Per Unit	$200,000
Sale Type	Investment
Cap Rate	5.20%
No. Units	4
Property Type	Multifamily
Lot Size	0.37 AC
Building Size	4,020 SF
No. Stories	2
Year Built	1983
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.