475-501 N Garfield Street
Denver, CO 80206
21940 sqft | 0.36 acres | #9450288

Description
Located in the highly desirable Cherry Creek North neighborhood, this exceptional multifamily property presents a rare investment opportunity to acquire a well-maintained, two-building portfolio in the heart of Denver, Colorado. Offering a total of 34 thoughtfully designed residences, the property consists of 10 two- bedroom, one-bathroom units and 24 two-bedroom, one-bathroom units, each crafted to provide both comfort and modern convenience. Every apartment features a fully equipped kitchen with storage, a designated dining area, and a spacious, light-filled living room that creates an inviting atmosphere. The full bathrooms, complete with bathtubs, provide residents with a classic and functional layout. Throughout the units, a seamless blend of contemporary updates and original hardwood flooring enhances the charm and character of the spaces. Shared laundry facilities add an extra layer of convenience, catering to the needs of tenants. Positioned on generous corner lots along a quiet, tree-lined street, the property offers a serene residential setting while remaining just minutes from the vibrant energy of Cherry Creek North. Renowned for its high-end boutiques, award-winning restaurants, and bustling entertainment scene, the neighborhood is one of Denver’s most sought-after destinations. With easy access to parks, walking trails, and major thoroughfares, this prime location ensures an exceptional living experience for residents and a highly attractive opportunity for investors.
OFFERED AT $9,500,000 | PROFORMA CAP RATE 5.12%
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Connected
- Structure TypeLow Rise (1-3)
- Sewer InformationPublic Sewer
- Property SubtypeMulti Family
- Lot DescriptionCorner Lot
- Original List Price$9,500,000
- Property TypePurchase
- Taxes Annual$23,943
- MLS #9450288
- Cost9500000
- MLS #9450288
- Utility SourcePublic
- CountyDenver
- Square Feet21940
- Acres0.36
- Year Built1947
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Kyle Malnati (#REC042617)
Listing Office: Kentwood Real Estate DTC, LLC (#RECMOO34)

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