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2846 Federal Blvd
Denver, CO 80211 Jefferson Park

$4,000,000 USD

Apartments For Sale  •  10,152 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,152 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1924
  • Cap Rate 6.33 %
  • Zoning G-MU-5
42 Transit Score
92 Walk Score

Highlights

Beautifully Renovated, Turn-Key Asset Including New: Electrical, Plumbing, HVAC, Kitchens, Bathrooms, Windows, Interior Hallways, Paint & Landscaping
Superb Location in the Highlands Directly Across from Viking Park
Excellent Neighborhood Demographics: $124,672 Average Household Income within a Two Mile Radius
Rental Upside: Proforma Rents Already Being Achieved or Surpassed in 60% of the Units
Walk Score: 92 - Short Distance Public Transportation, Parks, Shopping, Restaurants & Entertainment
One Mile to Downtown Denver

Property Flyers

Financial Summary (Actual)

Net Operating Income: $222,581 USD (2025)
Cap Rate: 6.33 %
Total Expenses: $143,900 USD

Major Tenants

Tenant SF Occupied Lease End Date
The Elmira Apartments LLC

Amenities

  • 24 Hour Access
  • Cable Ready
  • Fireplace
  • Heating
  • Kitchen
  • Refrigerator
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
Union Station: LoDo-Coors Field-16th Street Mall (C Line - Denver Regional Transportation District Light Rail (TheRide), E Line - Denver Regional Transportation District Light Rail (TheRide), W Line - Denver Regional Transportation District Light Rail (TheRide)) 4 min - 1.6 mi
4 min - 1.7 mi
AirportDriveWalkDistance
Denver International 34 min - 25.2 mi
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors
Josh Newell 303-962-9555 Pinnacle Real Estate Advisors