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Harley House 5151 W 10th Ave 11 Unit Apartment Building $4,395,000 ($399,545/Unit) 4.34% Cap Rate Denver, CO 80204
INVESTMENT HIGHLIGHTS
- Nine of the units include garages
- All units are equipped with in-unit washer and dryer facilities, air conditioning, and heating
EXECUTIVE SUMMARY
5151-5171 W 10th Ave is an exceptional investment opportunity featuring 11 modern, individually deeded, townhome units constructed in November 2020. This property offers a diverse mix of six 2-bedroom, 2.5-bath units, two 2-bedroom, 2-bath units, and three 1-bedroom, 1.5-bath units. Nine of the units include garages, and all units are equipped with in-unit washer and dryer facilities, air conditioning, and heating. Ideally located on Sheridan and conveniently close to 6th Ave and the Colfax corridor, this property provides excellent accessibility to the greater metropolitan area. Additionally, it is just a few blocks away from the RTD, enhancing its connectivity to the city.
PROPERTY FACTS
| Price | $4,395,000 | Apartment Style | Low-Rise |
| Price Per Unit | $399,545 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 4.34% | Building Size | 10,622 SF |
| No. Units | 11 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2020 |
| Property Subtype | Apartment | Parking Ratio | 0.85/1,000 SF |
| Zoning | C-MX-5 - Commercial | ||
| Price | $4,395,000 |
| Price Per Unit | $399,545 |
| Sale Type | Investment |
| Cap Rate | 4.34% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 10,622 SF |
| No. Stories | 3 |
| Year Built | 2020 |
| Parking Ratio | 0.85/1,000 SF |
| Zoning | C-MX-5 - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 6 | - | 1,115 |
| 2+2 | 3 | - | 748 |
| 1+1.5 | 2 | - | 843 |
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Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (79)
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Harley House | 5151 W 10th Ave
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