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475-501 N Garfield Street, Denver, CO 80206
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$9,500,000
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Home Details for 475-501 N Garfield Street
Price
$9,500,000
Type
Commercial/Industrial
Year Build
1947
Lot Size
0.36
County
Denver
Tax
$23,943
MLS®️ Listing#
9450288
On exitrealty.com
237 days
Property Description
Located in the highly desirable Cherry Creek North neighborhood, this exceptional multifamily property presents a rare investment opportunity to acquire a well-maintained, two-building portfolio in the heart of Denver, Colorado. Offering a total of 34 thoughtfully designed residences, the property consists of 10 two- bedroom, one-bathroom units and 24 two-bedroom, one-bathroom units, each crafted to provide both comfort and modern convenience. Every apartment features a fully equipped kitchen with storage, a designated dining area, and a spacious, light-filled living room that creates an inviting atmosphere. The full bathrooms, complete with bathtubs, provide residents with a classic and functional layout. Throughout the units, a seamless blend of contemporary updates and original hardwood flooring enhances the charm and character of the spaces. Shared laundry facilities add an extra layer of convenience, catering to the needs of tenants. Positioned on generous corner lots along a quiet, tree-lined street, the property offers a serene residential setting while remaining just minutes from the vibrant energy of Cherry Creek North. Renowned for its high-end boutiques, award-winning restaurants, and bustling entertainment scene, the neighborhood is one of Denver’s most sought-after destinations. With easy access to parks, walking trails, and major thoroughfares, this prime location ensures an exceptional living experience for residents and a highly attractive opportunity for investors.
OFFERED AT $9,500,000 | PROFORMA CAP RATE 5.12%
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- Utilities
- Natural Gas Available
- Electricity Connected
- Natural Gas Connected
- Water Features
- Public
Listing Courtesy: Kentwood Real Estate DTC, LLC - malnati@kentwood.com
This publication is designed to provide information with regard to 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. 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.
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.
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.
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Market statistics compiled from data from Metrolist Inc MLS - Professional (Denver).
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EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
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Licensed in the state of Colorado
Sheryll White Broker. 303 790 7200
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$9,500,000
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EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
383 Inverness Parkway Suite 140, Englewood, CO 80112
Licensed in the state of Colorado
Sheryll White Broker. 303 790 7200