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90% Occupied Multi Tenant Flex Building
9.60% CAP Rate - Perfect Small 1031x Property Cashflows Today - Stable Long Term Tenants Make an offer Today! |
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| General
Information
387 E. 55th Ave 387 - 393 E. 55th Avenue Denver, CO 80216 click here for map Sub Market: Central Building Type: Flex Floor Plan: click here for floor plan YOC: 1982 County: Denver Zoning: I-1 Denver Taxes: $6750 Sale Information Total SF: 7065 Sale Price: $493,000 |
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| Property Description
This is a great property for a small 1031X or for an investor looking for a low maintenance property that cashflows today. Great multi tenant industrial flex property. Long term tenants, steady cashflow. High CAP Rate. Take over today and started earning passive income right away. Make an offer before it is gone. |
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| Improvements
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Access: 58th Avenue East from I-25, South on Logan to 55th, West on 55th Floors: 1 Parking: Ample Front and Back HVAC: Rooftop HVAC Office Finish: 10% Floor Plate SF: 7056 Sprinklers: None Clear Height: 12 foot |
Ground Level: drive-in doors on front and back of units Rail Provider: none Present Occupant(s): 90% Cap Rate: 9.60% Sch Gross Inc: $67,844 Net Op Inc: $47,373 Water: North Washington Street Water and Sanitation Sewer: North Washington Street Water and Sanitation Power: 220 3 Phase |
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Contact: Phone: (303) 592-1050 |
Sperry Properties Inc. |
click here for map
click here for site plan |
The following information is subject to change and/or withdrawal without notice. The information set forth herein was obtained from the owner of the property and from other sources including public records and Sperry Properties, Inc. has not verified the accuracy or completeness of such information. Sperry Properties, Inc. and its brokers will be acting as agents of the Landlord/Seller and will negotiate on behalf of and act as an advocate for the Landlord/Seller. Sperry Properties, Inc. will not be your agent without a signed agency agreement
