Multifamily Investment Opportunity in Cherry Creek North - 34 Residences with Modern Updates

Active Commercial Sale Multifamily

Garfield Street, Denver, Colorado, 80206, USA

USD $9,500,000

Listed by Kentwood Real Estate

Contact

Reference ID:9450288 Web ID:0decf

Property Highlights

Cherry Creek North location
Two-building multifamily portfolio
34 two-bedroom units total
Original hardwood flooring throughout units
Shared laundry facilities available

Description

Located in the highly desirable Cherry Creek North neighborhood, this exceptional multifamily property presents a rare investment opportunity to acquire a well-maintained, two-building portfolio in the heart of Denver, Colorado. Offering a total of 34 thoughtfully designed residences, the property consists of 10 two- bedroom, one-bathroom units and 24 two-bedroom, one-bathroom units, each crafted to provide both comfort and modern convenience. Every apartment features a fully equipped kitchen with storage, a designated dining area, and a spacious, light-filled living room that creates an inviting atmosphere. The full bathrooms, complete with bathtubs, provide residents with a classic and functional layout. Throughout the units, a seamless blend of contemporary updates and original hardwood flooring enhances the charm and character of the spaces. Shared laundry facilities add an extra layer of convenience, catering to the needs of tenants. Positioned on generous corner lots along a quiet, tree-lined street, the property offers a serene residential setting while remaining just minutes from the vibrant energy of Cherry Creek North. Renowned for its high-end boutiques, award-winning restaurants, and bustling entertainment scene, the neighborhood is one of Denvers most sought-after destinations. With easy access to parks, walking trails, and major thoroughfares, this prime location ensures an exceptional living experience for residents and a highly attractive opportunity for investors.OFFERED AT $9,500,000 | PROFORMA CAP RATE 5.12%

Detail & Features

Transaction Type:Commercial Sale
Property Type:Multifamily
Status:Active
Area:21,940 sf
Year Built:1947
Lot Size:0.36 Acres
Garage:0

Map

Area Features

Businesses Nearby

Postino 9CO

(0.3 miles away)

Barolo Grill

(0.4 miles away)

Cucina Colore

(0.6 miles away)

Le Bilboquet Denver

(0.6 miles away)

Olive & Finch

(0.7 miles away)

Urban Egg Cherry Creek North

(0.7 miles away)

Flower Child

(0.8 miles away)

True Food Kitchen

(0.8 miles away)

The Cherry Cricket

(0.8 miles away)

Toro

(0.8 miles away)

Public Transportation

Colfax Ave & Garfield St

(0.9 miles away)

17th Ave & Garfield St

(1 mile away)

Civic Center Station

(2 miles away)

30th / Downing Station

(3 miles away)

18th St / Stout Station

(3 miles away)

Colorado Station

(3 miles away)

40th & Colorado Station-A Train (RTD Rail Station)

(3 miles away)

40th & Colorado Station

(3 miles away)

Union Station Gate B4

(4 miles away)

Central Park

(4 miles away)

Airports

Airport Denver Transportation CO

(3 miles away)

Centennial Airport

(11 miles away)

Simons Airport

(11 miles away)

Denver Jet Center

(11 miles away)

Rocky Mountain Metropolitan Airport

(15 miles away)

Denver International Airport

(17 miles away)

Erie Municipal Airport

(20 miles away)

Boulder Municipal Airport

(26 miles away)

Northern Colorado Regional Airport

(50 miles away)

Colorado Springs Airport

(65 miles away)

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Contact Kentwood Real Estate

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Cherry Creek North location
Two-building multifamily portfolio
34 two-bedroom units total
Original hardwood flooring throughout units
Shared laundry facilities available

Nearby Multifamily Properties

Denver, Colorado, USA

1 mile away

Meticulously Maintained Four-unit Multifamily Property in Central Denver, Colorado

USD $1,500,000

Details

Denver, Colorado, USA

2 miles away

39-unit Multifamily Investment in Capitol Hill, Denver with City and Mountain Views

USD $9,250,000

Details

Englewood, Colorado, USA

6 miles away

Residential Income Property Portfolio in Englewood, Co - Two Parcels with Rental Potential

USD $1,475,000

Details

Durango, Colorado, USA

233 miles away

Mobile Home Park with Development Potential Near Downtown Durango

USD $3,900,000

Details

OFFICE

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RETAIL

MIXED-USE

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Multifamily Investment Opportunity in Cherry Creek North - 34 Residences with Modern Updates

Garfield Street, Denver, Colorado, 80206, USA

Businesses Nearby

Public Transportation

Airports

Meticulously Maintained Four-unit Multifamily Property in Central Denver, Colorado

39-unit Multifamily Investment in Capitol Hill, Denver with City and Mountain Views

Residential Income Property Portfolio in Englewood, Co - Two Parcels with Rental Potential

Mobile Home Park with Development Potential Near Downtown Durango

Property Highlights

Nearby Multifamily Properties

Meticulously Maintained Four-unit Multifamily Property in Central Denver, Colorado

39-unit Multifamily Investment in Capitol Hill, Denver with City and Mountain Views

Residential Income Property Portfolio in Englewood, Co - Two Parcels with Rental Potential

Mobile Home Park with Development Potential Near Downtown Durango