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William Watson

bill@watsonrg.com +1(720) 463-0002

$7,950,000

Est. payment - /mo

0.5 Acres Lot

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Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3242810

HOA Y/N No

Year Built 1961

Lot Size 0.501 Acres

Acres 0.5

Property Sub-Type Multi Family

Property Description

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 in 1961, the 37-unit community has undergone significant renovations to both unit interiors and common areas, elevating the asset to meet today's market standards while preserving its classic character. The property also features desirable amenities including covered, gated parking, bike storage, and a private gated courtyard, enhancing the resident experience.
Ideally located with convenient access to Highland Park, Jefferson Park, and Sloan's Lake, residents benefit from proximity to some of Denver's premier outdoor and lifestyle destinations. Supported by strong renter demand and limited new supply in the Highlands, The Flats on 32nd is well-positioned for sustained performance and long-term appreciation. TURN-KEY 37 UNIT APARTMENT COMMUNITY IN THE HEART OF THE HIGHLANDS. IDEAL UNIT MIX WITH STUDIOS, ONE AND TWO BEDROOM UNITS. GATED COURTYARD WITH SHARED GREENSPACE, COMMUNAL PATIOS AND BIKE STORAGE. UPDATED UNITS WITH STAINLESS STEEL APPLIANCES. COVERED AND OFF-STREET PARKING AVAILABLE. EXTENSIVE UPGRADES TO THE SYSTEMS OF THE BUILDINGS

Location

State CO

County Denver

Zoning G-MU-3

Exterior

Waterfront Description Public

Private Pool No

Building

Sewer Public Sewer

Water Public

Others

Tax ID 2294-04-012

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Listed byPinnacle Real Estate Advisors

Nearby Locations

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(720) 463-0002

bill@watsonrg.com

CO, USA

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2860 W 32nd AVE Denver, CO 80211