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Montclair Apartments 901 Jasmine St 16 Unit Apartment Building $2,200,000 ($137,500/Unit) 5.99% Cap Rate Denver, CO 80220
Investment Highlights
- All studios are micro-units with efficient, well-designed layouts
- In-unit kitchenettes featuring beer refrigerator, stove/oven, sink, and cabinet storage
- Individual electrical HVAC systems for tenant comfort and control
- Profit Center for Seller! Units are individually-metered with utilities billed directly to tenants
- Hardwood flooring and light and bright interiors
- Located on a over-sized corner lot - Adjacent to the Jersey Shoppette: A neighborhood retail center with dining, retail & services
Executive Summary
Located in the highly desirable Montclair neighborhood of Denver, Colorado, this 16-unit multifamily property presents a compelling investment opportunity in a strong, infill
submarket. The building is comprised entirely of studio units, each thoughtfully designed with efficient kitchenettes featuring a half refrigerator, stove/oven, sink, and cabinet
storage. Units also include ¾ bathrooms, hardwood flooring, individual HVAC systems, and dedicated closets for storage, creating a light, bright, and functional living
environment that appeals to today’s renters. Each unit offers individual exterior access, providing added privacy and convenience for residents. The property showcases an attractive brick exterior complemented by mature trees, enhancing curb appeal and long-term durability. Ideally situated adjacent to nearby retail and restaurant amenities and just minutes from the vibrant 9+CO development, the location offers residents walkable conveniences and easy access to some of Denver’s most active dining, shopping, and lifestyle destinations. With its desirable unit mix, strong neighborhood fundamentals, and proximity to major redevelopment activity, this Montclair multifamily asset represents a solid opportunity for investors seeking stable income and long-term upside in one of Denver’s most established neighborhoods.
submarket. The building is comprised entirely of studio units, each thoughtfully designed with efficient kitchenettes featuring a half refrigerator, stove/oven, sink, and cabinet
storage. Units also include ¾ bathrooms, hardwood flooring, individual HVAC systems, and dedicated closets for storage, creating a light, bright, and functional living
environment that appeals to today’s renters. Each unit offers individual exterior access, providing added privacy and convenience for residents. The property showcases an attractive brick exterior complemented by mature trees, enhancing curb appeal and long-term durability. Ideally situated adjacent to nearby retail and restaurant amenities and just minutes from the vibrant 9+CO development, the location offers residents walkable conveniences and easy access to some of Denver’s most active dining, shopping, and lifestyle destinations. With its desirable unit mix, strong neighborhood fundamentals, and proximity to major redevelopment activity, this Montclair multifamily asset represents a solid opportunity for investors seeking stable income and long-term upside in one of Denver’s most established neighborhoods.
Financial Summary (Actual - 2025) 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 - 2025) 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 | $2,200,000 | Apartment Style | Low-Rise |
| Price Per Unit | $137,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 5.99% | Building Size | 4,284 SF |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | ||
| Zoning | B2 | ||
| Price | $2,200,000 |
| Price Per Unit | $137,500 |
| Sale Type | Investment |
| Cap Rate | 5.99% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,284 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Zoning | B2 |
Amenities
Unit Amenities
- Microwave
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 16 | - | 224 |
1 1
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Number | 6053-13-004 | Total Assessment | $171,110 |
| Land Assessment | $34,040 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $34,040 | Tax Year | 2025 |
Property Taxes
Parcel Number
6053-13-004
Land Assessment
$34,040
Improvements Assessment
$34,040
Total Assessment
$171,110
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Montclair Apartments | 901 Jasmine St
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