1208 N Quitman Street, Denver, CO 80204

Property Description

Brand NEW Construction of 24 Unit Apartment/Condo Building located immediately ADJACENT to Perry St Station Light Rail in West Colfax Neighborhood. The building is on a cul de sac that overlooks Harvard Gulch with mountain and city views and also has a common area roof top deck with 360 views. The building consists of 15 One bedroom Units and 9 Two bedroom units, with very modern finishes. Many of the units have balconies with glass enclosures and all by 4 units will come with an assigned parking space in the enclosed and heated parking garage on the main level. We anticipate full delivery of the building in August. At asking price, the building should deliver a 4.94% cap rate. Building was designed to be a for sale condo development and could easily be sold individually down the road. Please look at supplements for schedule, and proforma with projected rents