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838 Cherry St - Cherry St Duplex 2 Unit Apartment Building Offered at $1,798,000 at a 5.80% Cap Rate Denver, CO 80220
INVESTMENT HIGHLIGHTS
- New Construction
- Front and Back Yards
- Rooftop Deck
EXECUTIVE SUMMARY
Offered as a package, this new-construction duplex delivers two modern rental units in one of Denver’s strongest demand corridors. The front unit (1,750 SF) and rear unit (1,777 SF) each feature 3 bedrooms, 3 baths, a rooftop deck, private yard, and detached garage.
Located just two blocks from the 9th & Co development and minutes from Rose Medical Center, these homes are ideally positioned for medical professionals, young professionals, and small families seeking modern living close to work, dining, and Cherry Creek. With no HOA fees and the reliability of new construction, this property offers investors low-maintenance ownership and consistent tenant appeal in a high-demand rental market.
Located just two blocks from the 9th & Co development and minutes from Rose Medical Center, these homes are ideally positioned for medical professionals, young professionals, and small families seeking modern living close to work, dining, and Cherry Creek. With no HOA fees and the reliability of new construction, this property offers investors low-maintenance ownership and consistent tenant appeal in a high-demand rental market.
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
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Eat-in Kitchen
- Refrigerator
- Tub/Shower
- Deck
- Double Pane Windows
- Island Kitchen
- Lawn
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 2 | $5,000 | 1,750 - 1,777 |
1 1
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (84)
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838 Cherry St - Cherry St Duplex
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