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4439 W Nevada Pl
Denver, CO 80219 Southwest Denver

$1,650,000 USD

Apartments For Sale  •  6,420 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,420 SF
  • Lot Size 0.29 AC
  • Building Class C
  • Year Built 1956
  • Cap Rate 6.18 %
  • Zoning E-TU-C
36 Transit Score
65 Walk Score

Highlights

4.03% Assumable Loan Fixed Through January 1st, 2027
Well Maintained Asset with Updated Kitchens, Bathrooms, Floors, Windows, Furnaces, Hot Water Heaters, Roof, Laundry, Sewer Line and Parking Lot
All Two Bedroom Units
6.18% Current CAP Rate
Huge & Immediate Rental Upside
Individually Metered for Gas & Electric

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $112,999 USD (2024)
Cap Rate: 6.18 %
Total Expenses: $48,351 USD

Amenities

  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
Union Station: Lodo-Coors Field-16Th Street Mall (C Line - Denver Regional Transportation District Light Rail (TheRide), E Line - Denver Regional Transportation District Light Rail (TheRide), W Line - Denver Regional Transportation District Light Rail (TheRide)) 11 min - 4.8 mi
Denver (California Zephyr - Amtrak) 11 min - 5.0 mi
AirportDriveWalkDistance
Denver International 40 min - 29.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors