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2940 W Arkansas Ave
Denver, CO 80219 Ruby Hill

$3,600,000 USD

Apartments For Sale • 18,482 SF

Property Details

Property Type Apartments
Total Building Size 18,482 SF
Lot Size 0.94 AC
Building Class C
Year Built 1961

50 Transit Score

50 Walk Score

                
                    Highlights
                
                                7% CAP RATE ON ACTUAL NUMBERS, 9.5% CASH ON CASH RETURN
                            
                                (19) 2BR/1BA & (1) 3BR/2BA UNITS
                            
                                NEW BOILER; UPDATED WINDOWS; NEWER ROOF
                            
                                NEW PARKING LOT ASPHALT RESURFACING
                            
                                ALL ELECTRIC PANELS REPLACED
                            
                                50% OF THE UNITS HAVE BEEN FULLY RENOVATED WITH NEW FLOORING, CABINETS, COUNTERTOPS, APPLIANCES, AND FULL BATHROOM REMODELS

Amenities

Air Conditioning
Balcony
Courtyard
Laundry Facilities
Handrails

Public Transportation

Commuter Rail	Drive	Walk	Distance
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))	12 min	-	5.4 mi
Denver (California Zephyr - Amtrak)	12 min	-	5.6 mi
Airport	Drive	Walk	Distance
Denver International	41 min	-	29.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	40
Type:	Surface
Included in Rent:	Yes

Jim Knowlton 303-962-9543 Pinnacle Real Estate Advisors

2940 W Arkansas Ave Denver, CO 80219 Ruby Hill