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University of Denver- #2 For Sale

2424 S. York St., Denver, CO
$2,260,000.00
  • Area 500 sq ft
  • Floors 1
  • Bedrooms 1
  • Bathrooms 1

Description

This is 1 of 3 properties in a portfolio. Rare opportunity to buy in the coveted University of Denver neighborhood. Prime location 1/2 block to the DU campus with strong financials plus upside. Ideal turnkey student housing investment with pride of ownership in a courtyard setting. This property features 10-1 bed units and 6-2-story 2 bed, 2 bath units, and 1-2 bed 1 bath unit. Updated finishes in every unit. Owners maintain rental waiting lists months in advance. Owner owned laundry and reserved parking spaces provide additional income. Please refer to the marketing brochure for financials, additional photos, and floor plans.

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Exterior Property Information

  • Sale Status: Active
  • Parking Spaces: 16
  • Net Operating Income: 145792 space(s) / 1,000 ft.2
  • Price: $2,260,000.00
  • Gross Operating Income: 183521
  • Fair market value: 2260000
  • Occupancy Rate: 100.00 %
  • Operating Expenses: $ 37729
  • Year Built: 1970
  • Number of units: 17
  • Neighborhood Name: University of Denver
  • Phone: 303-471-5884
  • Email: david@beyondhomes.com

Exterior Features

  • Lawn sprinklers
  • On-site laundry

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    Setholic

    David

    Morgan Hill, California, 95037