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4640 E Asbury Cir
Denver, CO 80222 Virginia Village

$3,875,000 USD

Apartments For Sale • 15,390 SF

Property Details

Property Type Apartments
Total Building Size 15,980 SF
Lot Size 0.38 AC
Building Class C
Year Built 1962
Cap Rate 6.19 %
Zoning S-MU-5

52 Transit Score

71 Walk Score

                
                    Highlights
                
                                All units updated in 2020-2021 ($300k spent)
                            
                                Individual furnace/hot water in units, tenants billed directly
                            
                                On-site common laundry for tenant use (seller owned)
                            
                                Tenants pay for gas/unit electric directly; billed back for water/sewer/trash
                            
                                3 off-street parking spaces (additional income)
                            
                                Assumable debt at 2.95%

Property Flyers

4640 Asbury - OM

Financial Summary

Cap Rate:

6.19 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Claryss Jamieson

Amenities

24 Hour Access
Air Conditioning
Controlled Access
Courtyard
Disposal
Laundry Facilities
Gated
Heating
Trash Pickup - Curbside
Ceiling Fans
Kitchen
Hardwood Floors
Refrigerator
Oven
Range

Public Transportation

Commuter Rail	Drive	Walk	Distance
	18 min	-	7.2 mi
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))	15 min	-	8.8 mi
Transit/Subway	Drive	Walk	Distance
Colorado (E Line - Denver Regional Transportation District Light Rail (TheRide), F Line - Denver Regional Transportation District Light Rail (TheRide), H Line - Denver Regional Transportation District Light Rail (TheRide))	3 min	11 min	0.6 mi
Airport	Drive	Walk	Distance
Denver International	38 min	-	29.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	3
Type:	Surface
Included in Rent:	Yes

Joe Hornstein 720-939-2943 NorthPeak Commercial Advisors

4640 E Asbury Cir Denver, CO 80222 Virginia Village