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    1330 W Mississippi Avenue

    Denver, CO 80223
    • $5,750,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: 4673468
    UPDATED: 47 min ago
    $5,750,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 25,592
      SQFT
    • $225
      $/SQFT
    Type:
    Multi-Family
    Built:
    1971
    County:
    Area:

    School Ratings & Info

    Offered by Cbre, Inc..

    Description

    Unit amenities at Platte River Apartments include designer floors, ceiling fans, walk-in closets, energy-efficient windows, air conditioning and some hard surface countertops. The property has controlled access, 60 off-street parking spaces, onsite laundry, a large courtyard with seating, elevator access and is less than one mile from the Broadway light rail station. Platte River has undergone recent capital improvements including a new roof, new windows, exterior walkways were redone in 2019, and updated sewer lines in 2019. Substantial upside by renovating the units to get the rents up to a market level. Please note that the reflected price is with the current loan assumption, which is below market interest rates right now. Terms of the note are a 3.35% interest rate, interest only through December 2029, maturity date in December 2029. This loan will bolster the cash-on-cash returns so please reach out for more information or to set up a tour.

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    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 Keller Williams Downtown Denver LLC 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.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.bringhomedenver.com/homes/116064864
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    1330 W Mississippi Avenue Denver, CO 80223

    • Price: $5,750,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 4673468
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    25,592
    SQFT
    $225
    $/SQFT
    1971
    Built
    County:
    Denver
    Area:
    Denver
    Property Description
    Unit amenities at Platte River Apartments include designer floors, ceiling fans, walk-in closets, energy-efficient windows, air conditioning and some hard surface countertops. The property has controlled access, 60 off-street parking spaces, onsite laundry, a large courtyard with seating, elevator access and is less than one mile from the Broadway light rail station. Platte River has undergone recent capital improvements including a new roof, new windows, exterior walkways were redone in 2019, and updated sewer lines in 2019. Substantial upside by renovating the units to get the rents up to a market level. Please note that the reflected price is with the current loan assumption, which is below market interest rates right now. Terms of the note are a 3.35% interest rate, interest only through December 2029, maturity date in December 2029. This loan will bolster the cash-on-cash returns so please reach out for more information or to set up a tour.
    Exterior Features

    Architectural Style Mid Rise Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Garage YN No Lot Size Area 1 Lot Size Square Feet 43750 Parking Total 60 Road Frontage Type Public Road Road Surface Type Paved Roof Membrane

    Interior Features

    Laundry Features Coin-OperatedLaundry Room

    Property Features

    Construction Materials Brick Exclusions Tenant Belongings. Lease Considered YN No Possession Closing Property Sub Type Multi Family Security Features Controlled Access Sewer Public Sewer Tax Annual Amount 22159 Tax Year 2019 Utilities Electricity ConnectedNatural Gas ConnectedHigh Speed Internet AvailableSewer Connected Water Source Public Zoning G-Mu-5

    Listing courtesy of Cbre, Inc.: MLS #4673468


    Licensed in the State of Colorado, USA

    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 Keller Williams Downtown Denver LLC 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.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
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    Keller Williams Downtown Denver LLC
    901 Auraria Pkwy.
    Denver CO, 80204
    Offered by Cbre, Inc..