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Capstone is pleased to present 2711 Harlan St: a 6-unit apartment community in Wheat Ridge, Colorado. The well-maintained property was built in 1958 and provides a unique opportunity to investors for a rare, value-add opportunity through rent stabilization with minimal cap ex. The property sits in an ideal location with proximity to the Edgewater Market place featuring national retailers, bars, and restaurants. Walking distance to Sloan’s Lake Park, 2711 Harlan gives renters the opportunity to unwind and enjoy the neighborhood. The Denver metro has also emerged as a choice location for companies relocating from outside states, as well-established companies from all sectors are choosing Denver to grow their company and serve as the key driver for strong rent gains.
Investment Highlights:
Harlan St features a unique unit mix with five 2-bedroom and one 3-bedroom units
The property is located just west of Sloan’s Lake and is walking distance to various restaurant, bars and
national retailers in Edgewater
Units have seen upgrades over the years and feature updated kitchens, bathroom and flooring
Each unit is individually metered for gas & electric and also have central air conditioning
This property features a rare value add opportunity through rent stabilization with minimal CapEx