Contacts
Henry Group Real Estate
Property Details
- Property Type Multi-Family
- Property Size 168,155 SF
- Units 194
- Lot Size 3.37 Acre
- Additional Rent Contact for pricing
- Year Built 1972
- Date Updated Dec 10, 2024
Reach out to the broker for more info on lease terms and amenities
Highlights
- Value-Add investment opportunity, ideal renovation strategy to yield 20% + ROC
- Attractive mark-to-market upside, 20% + below top comparable market rents
- Nominal future supply, only one project under construction in the Cherry Creek submarket
- Robust submarket fundamentals, ~10% rent growth over the past two years and 5% submarket vacancy
- Favorable 15% rent-to-income ratio and $5,000+ monthly discount to ownership
- Highly affluent area, $142K average HH income and $825K median home value
Attachments
Getting around
-
Walk Score ®
-
Transit Score ®
-
Bike Score ®
Location
- City Denver, CO
- Neighborhood Virginia Village
- Zip Code 80222
- Market Denver
Points of Interest
-
Bakken Motorcars
4.29 miles
-
10th & Osage
4.83 miles
-
Union Station Light Rail Plaza
5.94 miles
-
Commerce City & 72nd
9.69 miles
-
Loaf 'N Jug
0.32 miles
-
Diamond Shamrock
0.40 miles
-
Food Mart
0.77 miles
-
7-Eleven
0.80 miles
-
Conoco
0.86 miles
-
Sinclair
0.93 miles
-
ChargePoint
1.52 miles
-
Valero
1.55 miles
-
eVgo
1.56 miles
-
Electrify America
1.61 miles
-
Colorado Center
0.43 miles
-
Tower I & Annex Short Term Parking
0.44 miles
-
Colorado Park & Ride
0.50 miles
-
AOB Hourly (323)
1.05 miles
-
Parking Lot 108
1.13 miles
-
4550 Cherry Creek
1.17 miles
-
4500 Cherry Creek Corporate Center
1.20 miles
-
Galleria Office Towers Parking Garage
1.20 miles
-
Reserved & Handicapped
1.22 miles
-
Customer Parking
1.23 miles
-
Fairfield Inn & Suites
0.17 miles
-
Courtyard Denver Cherry Creek
0.43 miles
-
Hyatt Place Denver-Cherry Creek
0.65 miles
-
Belcaro Motel
0.84 miles
-
Hampton
0.94 miles
-
Residence Inn Denver Cherry Creek
1.30 miles
-
Hilton Garden Inn Denver/Cherry Creek
1.34 miles
-
Staybridge Suites Denver-Cherry Creek
1.42 miles
-
DoubleTree by Hilton Denver Cherry Creek
1.52 miles
-
HomeTowne Studios
1.55 miles
-
Ross
0.15 miles
-
Safeway
0.31 miles
-
European Gusto Market
0.38 miles
-
Vitamin Cottage Natural Grocers
0.59 miles
-
Whole Foods Market
1.02 miles
-
Target
1.08 miles
-
King Soopers
1.14 miles
-
Levine Law LLC
1.24 miles
-
Sprouts Farmers Market
1.54 miles
-
Macy's
2.20 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Henry Group Real Estate