99 Unit Multifamily Portfolio

Sale Price: $18,067,500

Property Features:


99 TOTAL UNIT MULTIFAMILY PORTFOLIO
8805 E. 12th Ave, Denver | 500 Dayton St, Aurora

  • 13 Total Studios, 80 Total 1-Bedroom, and 6 Total
  • 2-Bedroom, 1-Bathroom Units
  • Well-Maintained and Professionally Managed
  • Multiple Recent Capital Expenditure Improvements
    (Security Cameras & Gates, Parking Lots, Roofs,
    Boilers, etc.)
  • Individually Metered for Electric
  • Ample Parking at Both Properties

Property/Area Details:


  • Total Building Size: 56,776 SF
  • Year Built 8805 E. 12th: 1973
  • Year Built 500 Dayton: 1962
  • Property Taxes (2021): $63,026 ($1.11/SF)
  • Total Site Size: 84,637 SF
  • Total Units: 99
  • Price Per Unit: $182,500
  • Cap Rate (Actual): 4.39%
  • Cap Rate (Proforma): 5.39%

8805 E. 12th Ave – 500 Dayton St Multifamily Portfolio

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