2860 W 32nd Avenue

Denver, CO 80211
Square Ft.
24,069
$8,500,000
The Flats on 32nd Apartments presents a compelling opportunity to acquire a stabilized, well-maintained asset in one of Denver’s most sought-after urban submarkets. Situated in the heart of the Highlands, the property offers consistent in-place income with additional upside through continued rent growth and light value-add potential. Originally constructed inRead MoreRead Less
Market LogoCourtesy of Pinnacle Real Estate Advisors [email protected]
Listing Snapshot
Days Online
29
Last Updated
Property Type
Multi Family
Square Ft.
24,069
Lot Size
0.5 Acres
Year Built
1961
MLS Number
3242810
30 Days Snapshot Of 80211
$856k
-7%
(avg) sold price
70
+52%
homes sold
66
+13%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Name: Flats on 32nd, Effective Year Built: 2021, Occupant Type: Tenant, Total Area: 24069, Unit Count: 3, Unit Types: "Array", "Array", "Array", Built in 1961, 37 total units
Disclosures
Exclusions: Tenant's personal property
Expenses
Operating Expense: $202,668, Projected Annual Expense: $204,443
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 471068.00, Gross Income: $673,736, Projected Annual Net Income: $496,712, Projected Gross Income: $701,155
Lot
Acres: 0.5, Area: 21828, Parcel Number: 2294-04-012, Square Feet: 21828
Energy Saving
Green Verification Count: 0
Parking
Parking Total: 0, Carport Spaces: 0, Offstreet Spaces: 0, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 0
Property
Current Use: "Multi-Family", Property Sub Type: Multi Family, Zoning: G-MU-3
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 51111, Legal Description: L 13 & 14 & E 2 FT OF L 15 BLK 4 HIGHLAND PARK, Tax Year: 2024
Utilities
Power Production Count: 0, Water Included, Water Source: "Public"
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Big Frontier Group
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.