My clients are developing a brand new duplex next door and decided to move the neighboring property to free up some capital for future projects.

We were able to work with a trusted partner in the industry that made the process seamless.

If you’re looking for similar deals, or simply want to sell a property off-market and skip all the showings/added stress, reach out to discuss further!

Offered @ $1,195,000

Value Add Opportunity on a great block in City Park West/Uptown! This converted 6 unit offers 3 studio units on the main level and 3 one bedroom units (with lofts) on the second level. All tenants have access to a coin operated (Seller owned) washer/dryer in the basement. Seller is in the process of updating all units once leases come due, currently 4 of the 6 units have been updated. This is a great walkable location to all the hots spots on 17th, City Park, and several hospital/health care providers. This is a great asset without having to do anything, it’s currently bringing in close to 100k annually!!

Sold Price: $1,440,000

I represented a long time friend/client on the acquisition of this 6 unit apartment building in the Cheesman Park/Capitol Hill area of Denver. All units are very spacious, offer a good unit mix, include washers/dryers in all units, and have private outdoor decks/patios for each unit/tenant to enjoy. There is some room to push rents and some capital improvement opportunities to help push future rents as well.

From the Denver Post yesterday:

Nationally, median monthly rents went from $817 in 2009 to $1,163 in 2021, a gain of 42%. Denver’s gain was 82%, going from $856 a month to $1,554. That jump, almost double the pace experienced nationally, was second to only San Jose, the hub of California’s Silicon Valley, where monthly rents went up 85%, from $1,360 to $2,511.

If you’re interested in Denver Investment Properties lets discuss what options could work for you and get started growing your retirement portfolio!

Last week I helped a past client investor sell her 3 story, plus rooftop deck, investment property off the West Colfax corridor and just south of Sloan’s Lake. I also helped her acquire the property from the builder several years prior and one of the main attractions was the proximity to the Perry St light rail station which goes straight to Union Station in Downtown Denver. My client rented the unit long term for aprox $3,000 month. The property was run by a Party Wall Agreement, then a servicing company from there to organize monthly payments from all owners.

Interested in investment properties like this one? Reach out for more info to discuss further.

Offered @ $1,295,000

Here’s your chance to own a unique property offering four units walking distance to all the hot spots in the Highlands! At the front of the property you have a classic bungalow with two bedrooms on the main level and a separate one bedroom unit in the basement. Off the alley is a two story detached carriage house with one bedroom on the main level and another one bedroom on the second level. All four units have access to a shared washer and dryer. Two off-street parking spots with a privacy/security gate makes parking easy off the alley. This is a great opportunity for an owner occupant who lives in one unit themselves and rents out the other three, or an investor looking to add a Class A property to their portfolio. Location can’t be beat, don’t wait on this one!

Buyer clients were successful on these side by side lots totaling 12,500 sq ft at the corner of 22nd & Sherman (just east of S Broadway and just south of Evans). Corner lot assemblages are always popular with developers and this one was no different. There were several other very interested parties that resulted in another multiple offer situation; however, my clients put together two offers (one for each property) that met the needs and desires of the estate selling these properties.

Currently, there is a house at 2184 S Sherman that is bringing in income and a duplex at 2198 S Sherman that is also bringing in income. Combined there is over 5k in income coming in to help offset holding costs until my clients decide to develop the side by side lots most likely with two brand new duplexes with rooftop decks.

Sold Price: 680k

2223 S Sherman St, Denver 80210

I wrote the offer 11 days ago for my Buyer clients and closed today. This single family home off the S Broadway corridor (East Side of S Broadway near Harvard Gulch Park) will be a great long term rental until my clients decide to develop a side by side brand new duplex with rooftop decks, currently selling at 1.5M per side! Denver zoning code U-TU-B is how this lot is zoned, allowing for the side by side duplex in the future.

Are you interested in this scenario? It takes serious Buyers to stand out amongst the competition, that’s where I come in. Experience, communication, and a strong understanding of this specialty market are my strengths! Message me if you’re interested in pursuing this investment/development avenue.

Listed @ 840k, Sold for $875,000

This luxury brand new half duplex is located directly across from Jefferson Park. High end finishes include commercial grade Viking appliances, sleek cabinetry in kitchen/baths from Porcelanosa, spanish tile in kitchen/baths also from Porcelanosa, Anderson windows, and interior walls finished at a level 5 smooth modern finish.

Keep an eye out for the other two units Coming Soon in the south duplex at this Jefferson Park duplex development. Reach out if interested…here’s a few photos from this luxury Denver duplex that just closed:

Sold Price: $1,050,000

I represented Buyer clients on their purchase of this Denver triplex.

All three units included 4 bedroom units, which is very rare for all units to have that many bedrooms. Buyer’s appraisal came in over 1.4M making this a true unicorn deal in our crazy Seller’s market! Buyers plan to occupy one of the units as their primary residence, rent the other two, and update all units once they become available.

Interest rates have recently increased; however, loan limits for primary residence Buyers have also drastically increased for duplexes, triplexes, and quads. If you’re interested in a similar situation now is the time! Our market is going up quickly with no signs of slowing.

List Price: 869k

Sales Price: 869k

This is the first unit in my brand new Jefferson Park duplexes project (4 total units, 2 duplexes).

At $559/sq ft this sale is a great start and comp for the rest of the project! A high finish level and great location across from Jefferson Park certainly helps hit the desired price. Finishes include Viking Appliances, Anderson Windows, Porcelanosa cabinetry and tile, Quartz Counters, and a level 5 smooth modern drywall finish.

Stay tuned for the release of the remaining units…in the meantime, check out the photos of this just sold unit: