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Portfolio of 3 Assets 3 Properties Offered at $1,315,000 in Denver, CO
Investment Highlights
- Current Net Operating Income: $79,537
- Quick access to major Denver Roads including Speer, 6th Ave, and I-25
- Long term upside for multifamily redevelopment
- Blended investment opportunity of both Small office and Single Family Rentals
- Corner lot that includes off street parking for tenants
Executive Summary
1268 Kalamath St., 1280 Kalamath St., and 928 W. 13th Ave. comprise a unique three-property assemblage featuring a 1,996 SF renovated office building, a 616 SF one bedroom residence, and an 890 SF two-bedroom residence. The portfolio provides investors with in-place rental income and significant future redevelopment potential.
Zoned U-RH-2.5, the properties allow for a variety of residential product types—including urban houses, duplexes, tandem houses, and detached accessory dwelling units—up to two and a half stories in height. This flexibility offers multiple exit strategies and an attractive value-add opportunity in a rapidly evolving urban corridor.
Zoned U-RH-2.5, the properties allow for a variety of residential product types—including urban houses, duplexes, tandem houses, and detached accessory dwelling units—up to two and a half stories in height. This flexibility offers multiple exit strategies and an attractive value-add opportunity in a rapidly evolving urban corridor.
Property Facts
| Price | $1,315,000 | Number of Properties | 3 |
| Price / SF | $375.50 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 3,502 SF |
| Status | Active | Total Land Area | 0.26 AC |
| Price | $1,315,000 |
| Price / SF | $375.50 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 3,502 SF |
| Total Land Area | 0.26 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1280 Kalamath St, Denver, CO 80204 | Office | 1,996 SF | 1952 | - |
| 1268 Kalamath St, Denver, CO 80204 | Specialty | 890 SF | 1880 | - |
| 928 W 13th Ave, Denver, CO 80204 | Specialty | 616 SF | 1890 | - |
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Portfolio of 3 Assets
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