Address
2930 West Asbury Avenue Denver, CO
Price
$ 2,695,000
Property Attributes
- MLS#1504925
- TypeContingent
- CountyDENVER
- CityDenver
- AreaTropicana Apartments
- NeighborhoodSouth Denver
- Zip80219
- Style
- Year Built1962
- Taxes9765
- Price$ 2,695,000
- Bedrooms35
- Full Bathrooms18
- Half Bathrooms0
- Sqr Footage14277
- Lot Size0.45 Acres
Listing Provided Courtesy Of:
GENESEE COMMERCIAL GROUP LLC
Property Description
Great Cash Flow and Cap Rate on this 18 unit, 3-story, outside entrance brick apartment building located on approximately one half acre in Southwest Denver. Located off Federal Blvd and just a block north of Evans, the property is on a bus line and close to shopping. The building has 43 available parking spaces and a large 12x36 storage building on site. The building exterior has been recently painted. The property has separate gas forced-air furnaces and separate gas and electric meters for each unit as well as air conditioners; most furnaces are newer, and tenants pay for their own heat and electric. Laundry room on site; vacancy is historically very low.
| Elementary School | Middle School | High School |
|---|---|---|
| Schmitt Elementary School | Kepner Middle School | Abraham Lincoln High School |
| Price History | |
|---|---|
| 2/9/2018 | Listed $2,695,000 |
General Features
| Building Name | Tropicana Apartments |
| Capitalization Rate | 7.50 |
| Elementary School | Schmitt |
| High School | Abraham Lincoln |
| Latitude | 39.680442 |
| Longitude | -105.024018 |
| Middle/Junior School | Kepner |
| Neighborhood | South Denver |
| Other Hvac | Gas Water Heater |
| Parcel Number | 5291-05-208 |
| Property Sub Type | Income |
| Property Type | Income |
| School District | Denver 1 |
| Seller Type | Corporation/Trust |
| Status | Under Contract |
| Status Conditions | None Known |
| Tax Amount | 9765.00 |
| Terms Offered | Cash, Conventional |
| Total Sq Ft | 14277 |
| Transaction Type | For Sale |
| Year Built | 1962 |
| Zoning | S-MX-3 |
Interior Features
| Basement Size | None |
| Beds Total | 35 |
| Cooling | Air Conditioning-Individual |
| Flooring | Carpet, Laminate |
| Heating | Forced Air |
| Heating Fuel | Gas |
| Kitchen Appliances | Dishwasher, Disposal, Microwave Oven, Refrigerator (Kitchen), Smoke Alarm, Stove/Range/Oven |
| Laundry Availability | Coin-operated |
| Laundry Location | Ground |
| Total Baths | 18.00 |
| Total Units | 18 |
Exterior Features
| Business Type | Other |
| Construction Materials | Other |
| Construction Methods | Block |
| Lot Size Acres | 0.45 |
| Lot Sq Ft | 19475.00 |
| Lot SqFt Range | 2000+, 4000+, 6000+, 8000+, 10000+, 12000+, 14000+, 15000+ |
| Parking Count | 38 |
| Road Surface | Paved Road |
| Roof | Built-Up(Tar & Gravel) |
| Total Offstreet Spaces | 38 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 80219
Price
Taxes
Visits
Year Built
Walkscore
