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Capstone Apartment Partners exciting new offering presents an outstanding multifamily investment opportunity in Denver, CO, priced at $750,000.
2961 W 91st Place is comprised of 7 studio apartments with full kitchens and baths, situated on a spacious lot with ample off-street parking and additional storage options.
Boasting a practical location just steps away from a major bus stop and convenient access to prominent employers, this asset is currently undergoing a value-add program to further maximize rental income potential.
With projected rents of $1,050 per unit and a strong net operating income of approximately $56,000 per year, the property offers a solid 7.48% acquisition cap rate. The turnkey condition, attractive cash flow, and favorable financing prospects make this a compelling investment opportunity for commercial real estate investors.