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
| Building 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
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than Reason Real Estatename are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
