Located in the highly desirable Montclair neighborhood of Denver, Colorado, this 16-unit multifamily property presents a compelling investment opportunity in a strong, infill submarket. The building is comprised entirely of studio units, each thoughtfully designed with efficient kitchenettes featuring a half refrigerator, stove/oven, sink, and cabinet storage. Units also include ¾ bathrooms, hardwood flooring, individual HVAC systems, and dedicated closets for storage, creating a light, bright, and functional living environment that appeals to today’s renters. Each unit offers individual exterior access, providing added privacy and convenience for residents. The property showcases an attractive brick exterior complemented by mature trees, enhancing curb appeal and long-term durability. Ideally situated adjacent to nearby retail and restaurant amenities and just minutes from the vibrant 9+CO development, the location offers residents walkable conveniences and easy access to some of Denver’s most active dining, shopping, and lifestyle destinations. With its desirable unit mix, strong neighborhood fundamentals, and proximity to major redevelopment activity, this Montclair multifamily asset represents a solid opportunity for investors seeking stable income and long-term upside in one of Denver’s most established neighborhoods.
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Property Details:
- Price: $2,200,000
- Building Size: 4,284 SF
- Lot Size: 8,780 SF
- Year Built: 1953
- Individual Heating Units
- Neighborhood: Montclair
Property Highlights:
- All studios are micro-units with efficient, well-designed layouts
- Profit Center for Seller! Units are individually-metered with utilties billed directly to tenants
- In-unit kitchenettes featuring beer refrigerator, stove/oven, sink, and cabinet storage
- Fully-appointed bathrooms: Sink, commode and showers
- Hardwood flooring and light and bright interiors
- Individual electrical HVAC systems for tenant comfort and control
- Individual exterior access for each unit
- Attractive brick exterior with mature landscaping and trees
- Located on a over-sized corner lot
- Adjacent to the Jersey Shoppette: A neighborhood retail center with dining, retail & services
- Great proximity to the 9+CO development – approximately 250K square feet of retail
- Located in a proven infill submarket with strong rental demand
