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1520-1526 Wabash St.

Denver, Colorado 80220

CONTACT BROKER
Price
$2,690,000
Property Type
Multifamily
# of Units
14
Building Size
12,150 SQFT
Lot Size
20,900 SQFT
Year Built
1948

Description

Recently renovated 14-unit multifamily property strategically located between downtown Denver and the Fitzsimons Medical Campus. The property features a diverse unit mix: 1 studio, 4 one-bedroom, 6 two-bedroom, and 3 three-bedroom units.

Investment Highlights:

  • Turnkey asset with recent comprehensive renovation program
  • Immediate rent growth potential with below-market current rates
  • Operational upside through management optimization
  • Transit-oriented location near two major employment hubs
  • Positive growth rental submarket

This offering combines the stability of a renovated asset with value-add potential through rental rate growth and operational efficiencies.

Highlights

  • Large scale renovation including, new windows, exterior rails, unit electric panels, hallways and more
  • Great unit mix consisting of studios, 1’s, 2’s and 3 bedroom units
  • 13 off-street parking spaces
  • Recent roof repairs with a 5-year warranty

Brokers

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Matt Lewallen

. Principal
(303) 210-1623.
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Kevin Calame

. Principal
(303) 263-6260.

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