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8770-8780 Galen Ct
Denver, CO 80229
Rio Platte Apartments · Multifamily Property For Sale
·
41 Units
Investment Highlights
- Many Recent Capital Improvements Including Newer: Exterior Stairs/Stringers, Walkways, Windows, Boiler, Sliders, Electrical Panels and Balcony Decking
- Excellent Mix of Studios, 1Bd, 2Bd and 3Bd Units
- Priced Well Below Comparable Properties
- Immediate Rental Upside
- Few Rental Options in Immediate Neighborhood
- Less than One Mile to Light Rail Station
Property Facts
| No. Units | 41 | Building Size | 30,802 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1973/2017 |
| Building Class | B | Parking Ratio | 2.44/1,000 SF |
| Lot Size | 1.24 AC | ||
| Zoning | R-IC, County | ||
| No. Units | 41 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.24 AC |
| Building Size | 30,802 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built/Renovated | 1973/2017 |
| Parking Ratio | 2.44/1,000 SF |
| Zoning | R-IC, County |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Storage Space
- High Speed Internet Access
- Smoke Free
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Breakfast/Coffee Concierge
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | $1,074 | 550 |
| 2+1 | 26 | $1,270 | 750 |
| 3+1 | 1 | $1,425 | 850 |
| Studios | 1 | $887.00 | 500 |
Property Taxes
| Parcel Number | 1719-26-1-06-001 | Improvements Assessment | $332,250 |
| Land Assessment | $66,100 | Total Assessment | $398,350 |
Property Taxes
Parcel Number
1719-26-1-06-001
Land Assessment
$66,100
Improvements Assessment
$332,250
Total Assessment
$398,350
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