This Multifamily Property is no longer advertised on LoopNet.com.

429 E 14th Ave
Denver, CO 80203
Acacia Apartments · Multifamily Property For Sale · 55 Units

Investment Highlights

  • Charming gem in an impeccable Capital Hill location
  • 1920’s character with entirely modernized systems
  • Potential for increased rental income and additional revenue streams through bike storage, lockers, and amenity fees
  • Very Attractive Loan Assumption through August 2027; 4.02% Interest rate; Over 50% LTV
  • Substantial CapEx completed with ability to implement a cosmetic value add in order to maximize income & tenant experience
  • Close proximity to business district and all major employers

Property Facts

No. Units 55
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.36 AC
Building Size 32,675 SF
No. Stories 3
Year Built 1922
Zoning R-4

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Heating
  • Ceiling Fans
  • Hardwood Floors
  • Vaulted Ceiling
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Walk-In Closets

Site Amenities

  • Controlled Access
  • Courtyard
  • Fitness Center
  • Laundry Facilities
  • Security System
  • Gated
  • Video Patrol
  • Grill
  • Wi-Fi

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 24 - 440
1+1 1 - 440
2+1 30 - 770

Property Taxes

Property Taxes

Parcel Number
5031-04-007
Land Assessment
$93,630
Improvements Assessment
$93,630
Total Assessment
$817,740
  • Listing ID: 33910634

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 429 E 14th Ave, Denver, CO 80203

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