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7121-7141 Samuel Dr
Denver, CO 80221
Midtown Gardens · Multifamily Property For Sale
·
34 Units
Investment Highlights
- Turnkey deal with cash on cash return in the 9% range
- Highly renovated interiors – one of the more attractive housing options in the area
- Located near Highway 36 with great accessibility to Downtown Denver and Boulder
- T12 NOI dramatically above OM NOI by roughly 15%
- Built in 1970-72 with extensive recent improvements including roof, electrical, plumbing, windows, exterior stairs, exterior paint, landscaping, and c
- Property falls into Adams County and is not subject to Denver landlord laws
Property Facts
| No. Units | 34 | Lot Size | 1.13 AC |
| Property Type | Multifamily | Building Size | 28,252 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1970/2023 |
| Building Class | C | Parking Ratio | 3.29/1,000 SF |
| Zoning | R-4 | ||
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.13 AC |
| Building Size | 28,252 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1970/2023 |
| Parking Ratio | 3.29/1,000 SF |
| Zoning | R-4 |
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Recycling
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 32 | - | 500 |
| 2+1 | 2 | - | 650 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $357,360 | |
| Land Assessment | $26,720 | Total Assessment | $384,080 |
Property Taxes
Parcel Numbers
Land Assessment
$26,720
Improvements Assessment
$357,360
Total Assessment
$384,080
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