Log In/Sign Up
Your email has been sent.
Revival on 72nd 7251 Samuel Dr 102 Unit Apartment Building $12,240,000 ($120,000/Unit) 6.94% Cap Rate Denver, CO 80221
INVESTMENT HIGHLIGHTS
- 102-unit value add opportunity in North Denver
- Streamlined operations with three identical three-story exterior walk-up properties
- On-site laundry, ample off-street parking, & spacious exterior courtyards
- Easy access to Downtown Denver, Lohi, Rino, & major employment hubs
- Recent upgrades include double-pane windows, LVT flooring, & energy efficient solar panels
- Below market rents, offering investors immediate upside
EXECUTIVE SUMMARY
Revival on 72nd is a compelling 102-unit opportunity located at 7251 Samuel Dr in Denver. Situated just 10 minutes north of Downtown Denver and the North Metro Denver Business Corridor, the property offers easy access to major employment hubs, including the NW Business Corridor, Broomfield, Interlocken, and Boulder. Its centralized location provides seamless connectivity to Interstate 25, Highway 36, and various amenities, including the Westminster Plaza Shopping Center, major grocers, local and national dining eateries, and countless entertainment options.
The property consists of three identical, three-story exterior walkup properties, comprising 96 one-bedroom units and six two-bedroom units, offering streamlined operational efficiency. Built in 1970, Revival on 72nd features off-street parking, well-maintained common areas, a manager’s office, on-site laundry facilities. Recent upgrades include vinyl double-pane windows, new LVT flooring, fresh paint, updated electrical systems, new/repaired boilers, and solar panels to help offset utility expenses.
The property’s streamlined operations and recent upgrades provide a strong foundation for long-term success. With cosmetic renovations to the kitchens and bathrooms to garner top-of-market rents, Revival on 72nd is an attractive value-add opportunity for investors.
The property consists of three identical, three-story exterior walkup properties, comprising 96 one-bedroom units and six two-bedroom units, offering streamlined operational efficiency. Built in 1970, Revival on 72nd features off-street parking, well-maintained common areas, a manager’s office, on-site laundry facilities. Recent upgrades include vinyl double-pane windows, new LVT flooring, fresh paint, updated electrical systems, new/repaired boilers, and solar panels to help offset utility expenses.
The property’s streamlined operations and recent upgrades provide a strong foundation for long-term success. With cosmetic renovations to the kitchens and bathrooms to garner top-of-market rents, Revival on 72nd is an attractive value-add opportunity for investors.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| 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 | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $12,240,000 | Apartment Style | Low-Rise |
| Price Per Unit | $120,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.98 AC |
| Cap Rate | 6.94% | Building Size | 66,638 SF |
| No. Units | 102 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | Parking Ratio | 2.7/1,000 SF |
| Zoning | R-4 | ||
| Price | $12,240,000 |
| Price Per Unit | $120,000 |
| Sale Type | Investment |
| Cap Rate | 6.94% |
| No. Units | 102 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.98 AC |
| Building Size | 66,638 SF |
| No. Stories | 3 |
| Year Built | 1970 |
| Parking Ratio | 2.7/1,000 SF |
| Zoning | R-4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Heating
- Kitchen
- Tub/Shower
- Handrails
- Lawn
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 95 | - | 525 - 575 |
| 2+1 | 7 | - | 800 |
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $967,760 | |
| Land Assessment | $43,560 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $924,200 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$43,560
Improvements Assessment
$924,200
Total Assessment
$967,760
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
1 of 40
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Revival on 72nd | 7251 Samuel Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.