$1,850,000

Estimated payment $15,286/month

Total Views 2,778
-- Bed
-- Bath
9,915 Sq Ft
$187 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • 5-minute walk to Expo Park
  • Studio bedroom
  • Wood Siding

About This Home

8.5% real current cap rate!! 13 of the 15 units have tenants in place, making this cash flow on day one. This is a package of individual units in the same complex, not a purchase of the entire building - making upkeep a breeze. Scattered property loan available, which will not count against your conventional mortgage limit... I challenge you to find better cap rates anywhere in the Denver Metro Area! This is one of the most aggressive portfolios to hit the market in a long time. Cap rate includes ALL expenses - vacancy, maintenance, management fees, HOA fees, insurance, and taxes. The cap rate at current rents goes up to 10% if you self manage!

Listing Agent

Matthew Collins

Keller Williams Integrity Real Estate LLC Brokerage Email: Matt@DenverRealtyGuru.com,720-266-8040 License #100055636 Listed on: 06/28/2025

Keller Williams Integrity Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,557

Year Built

  • Built in 1973

HOA Fees

  • $4,659 Monthly HOA Fees

Parking

  • 200 Parking Spaces

Home Design

  • Triplex
  • Fixer Upper
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Studio bedroom
  • 9,915 Sq Ft Home
  • 3-Story Property

Kitchen

  • Range
  • Dishwasher
  • Disposal

Schools

  • Highline Community Elementary School
  • Prairie Middle School
  • Overland High School

Additional Features

  • Covered Patio or Porch
  • Two or More Common Walls
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property held in a trust
  • The owner pays for association fees, insurance, taxes
  • Assessor Parcel Number 031172489

Community Details

Overview

  • Association fees include reserves, gas, insurance, irrigation, ground maintenance, maintenance structure, recycling, road maintenance, security, sewer, snow removal, trash, water
  • High Hollows Association, Phone Number (303) 928-7670
  • High Hollows Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • No Laundry Facilities
  • Operating Expense $99,913

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,557

Year Built

Built in 1973

Lot Details

0

HOA Fees

$4,659 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: Three Or More
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 9915
  • Exclusions: none
  • Living Area: 9915
  • Pets Allowed: Yes
  • Property Condition: Fixer
  • SubdivisionName: High Hollows
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Attribution Contact: Matt@DenverRealtyGuru.com,720-266-8040
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Common Walls: 2+ Common Walls
  • Basement: No

Exterior Features

  • Roof: Composition
  • Construction Materials: Wood Siding
  • Patio and Porch Features: Covered

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 200
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: None

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Gas, Insurance, Irrigation, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Security, Sewer, Snow Removal, Trash, Water
  • Association Name: High Hollows
  • Association Fee Frequency: Monthly
  • Association Fee: 4659
  • Phone: (303) 928-7670
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 55908.00
  • REC_AssociationFeeTotalAnnual: 55908.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Fee Information

  • Operating Expense: 99913

Schools

  • Middle Or Junior School: Prairie

Lot Info

  • Parcel Number: 031172489
  • Building Area Total: 9915

Rental Info

  • Owner Pays: Association Fees, Insurance, Taxes
  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6557

MLS Schools

  • Elementary School: Highline Community
  • High School: Overland

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 For Sale $1,850,000 -- $187 / Sq Ft
Source: REcolorado®

Source: REcolorado®

MLS Number: 4190413

REcolorado®