Courtesy of Calibrate Real Estate LLC
The Alida Rae apartments is a great investment opportunity with 31 units (16 Two Bedroom/15 One Bedroom) and plenty of parking in the private lot with 28 spaces. ASSUMABLE LOAN: 3.55% Fixed Until 9/2027 Well Below Current Market Rates (5.5-7%). Few Buildings of this Vintage in Denver Have Larger Floorplans and Such Abundant Parking; Maximizing Leasing Desire and Tenant Retention. Building Features: High Efficiency Three-Stage Boiler System, Elevator, Secure Entry, and Intercom Access System. Extra Income from Large Parking Lot and Coin-Operated Laundry Facility. 10% Price Reduction ($800,000 Lower than the Original Listing Price).
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