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1568 Vine St
Denver, CO 80206

$1,600,000 USD

Apartments For Sale • 3,974 SF

Property Details

Property Type Apartments
Total Building Size 3,786 SF
Lot Size 0.14 AC
Building Class C
Year Built 1896
Cap Rate 6.12 %
Zoning G-RO-3

53 Transit Score

90 Walk Score

                
                    Highlights
                
                                Exceptionally well-maintained beautiful, converted mansion with modern updates in excellent condition
                            
                                A+ rental location in City Park West, walker's and biker's paradise, 90 Walk Score
                            
                                Can be purchased with 1266 Lafayette Street  (8 units) as a portfolio
                            
                                Six on-site parking spaces, onsite laundry and superior outdoor amenities
                            
                                Very well-maintained property with strong rental income
                            
                                Spacious units with ample natural light and modern aesthetics

Property Flyers

1568 Vine St - Offering Memorandum

Financial Summary (Actual)

Net Operating Income: $97,969 USD (2024)

Cap Rate:	6.12 %
Total Expenses:	$23,930 USD

Amenities

Fenced Lot
Laundry Facilities

Public Transportation

Commuter Rail	Drive	Walk	Distance
38Th & Blake Station Track 1 (Union Station to Denver Airport Station - Regional Transportation District)	7 min	-	2.6 mi
38Th & Blake Station Track 2 (Union Station to Denver Airport Station - Regional Transportation District)	13 min	-	3.5 mi
Airport	Drive	Walk	Distance
Denver International	33 min	-	23.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

Robert Lawson 303-962-9537 Pinnacle Real Estate Advisors

1568 Vine St Denver, CO 80206