Log In/Sign Up
Your email has been sent.
Cherry St Duplex Portfolio 832 Cherry St 10 Unit Apartment Building $8,125,000 ($812,500/Unit) 5.54% Cap Rate Denver, CO 80220
Investment Highlights
- New Construction
- Class A Location
- Rooftop Deck
Executive Summary
Rare opportunity to acquire five brand-new duplexes (10 units total) just two blocks from Denver’s 9th & Co redevelopment and minutes from Rose Medical Center. Each duplex includes a front unit (1,750 SF) and rear unit (1,777 SF), both offering 3 bedrooms, 3 baths, rooftop deck, private yard, and detached garage.
This portfolio is purpose-built for strong rental demand. The proximity to Rose Medical Center and the surrounding healthcare corridor ensures a steady tenant base of medical professionals and staff, while walkability to Trader Joe’s, Postino, Cava, and Cherry Creek retail draws young professionals and small families alike.
With modern construction, no HOA fees, and low-maintenance design, these units provide investors predictable operating costs and excellent rentability. This is a turnkey, Class-A multifamily investment in one of Denver’s most vibrant submarkets—ideal for long-term appreciation and stable cash flow.
This portfolio is purpose-built for strong rental demand. The proximity to Rose Medical Center and the surrounding healthcare corridor ensures a steady tenant base of medical professionals and staff, while walkability to Trader Joe’s, Postino, Cava, and Cherry Creek retail draws young professionals and small families alike.
With modern construction, no HOA fees, and low-maintenance design, these units provide investors predictable operating costs and excellent rentability. This is a turnkey, Class-A multifamily investment in one of Denver’s most vibrant submarkets—ideal for long-term appreciation and stable cash flow.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 | $8,125,000 | Apartment Style | Townhome |
| Price Per Unit | $812,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.36 AC |
| Cap Rate | 5.54% | Building Size | 17,635 SF |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Parking Ratio | 0.57/1,000 SF |
| Price | $8,125,000 |
| Price Per Unit | $812,500 |
| Sale Type | Investment |
| Cap Rate | 5.54% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.36 AC |
| Building Size | 17,635 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 0.57/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Eat-in Kitchen
- Oven
- Tub/Shower
- Carpet
- Deck
- Double Pane Windows
- Island Kitchen
- Pantry
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Wi-Fi
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 10 | $5,000 | 1,750 - 1,777 |
1 1
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (84)
Property Taxes
| Parcel Number | 6063-06-089 | Total Assessment | $353,400 |
| Land Assessment | $281,400 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $72,000 | Tax Year | 2025 |
Property Taxes
Parcel Number
6063-06-089
Land Assessment
$281,400
Improvements Assessment
$72,000
Total Assessment
$353,400
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Cherry St Duplex Portfolio | 832 Cherry St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.