Located just off Highway 7, 63 South 22nd Avenue, Buildings A & B offers a prime 16-unit multifamily investment with easy access to Denver, the metro suburbs, and Denver International Airport. This 14,608-square-foot garden-style complex consists of two 8-unit buildings with fourteen 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, totaling 30 bedrooms and 16 bathrooms. Dedicated off-street parking ensures convenience for tenants. Each unit has independent gas and electric meters, forced-air furnaces, and gas water heaters. The owner currently pays water, sewer, and trash, while tenants cover gas and electricity. The property generates $300,180 in gross rental income and a net operating income (NOI) of $213,615, with additional upside through utility reimbursements and further operational efficiencies. A comprehensive capital improvement plan has been completed, with 14 of 16 units fully renovated in the last two years. Recent upgrades include new roofs, fresh exterior paint, newer furnaces, hot water heaters, and rooftop A/C units for second-floor units. Newer (less than two years old) coin-operated laundry machines in each building help offset expenses. Further value-add opportunities remain, including resurfacing the parking lot, modernizing common areas, completing the final two unit renovations, and implementing a RUBS program to recapture owner-paid utilities. Located in a high-growth submarket, the property is within three miles of major retail, recreation, and employment hubs, including Barr Lake State Park, Prairie Center Shopping Center, Platte Valley Medical Center, and multiple schools. With turnkey operational stability, strong tenant demand, and additional value-add potential, this is a rare investment opportunity in Brighton's expanding multifamily market. Contact us today for the full Offering Memorandum (OM) and financial details.
0.89 Acres privados Tamaño del lote
inversión
USD 18,415 Impuesto anual
Creado en 1980
MLS/ID del anuncio 1030190
1 Historias
16 Unidades
Madera
Parcial
Heating - Forced Air
Vestidores
Planta abierta
Cocina comedor
Lot - Level
Patio
Vista de la ciudad
Cortinas y persianas
Style - Raised Ranch
Level Drive
Cocina eléctrica/Horno
Lot - Curbs
Lot - Fire Hydrant within 500 Feet
Lot - Sidewalks
Composición
Nivel Lote
Lavadora
Nevera
Microondas
Secadora
Eliminación
Lavavajillas
Construction - Wood Siding
Construction - Wood Frame
Construction - Brick Veneer
Cooling - Ceiling Fans
Refrigeración - Aire acondicionado central
COSTE MENSUAL TOTAL
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