2071 S Milwaukee St
Denver, CO 80210

Address
2071 S. Milwaukee St
Denver, CO 80210
List Price
$1,575,000
# Units
8
Price/Unit
$196,875
Gross Building Area
4,160 SF
Price/SF
$378
In Place Cap Rate
5.60%
Market Cap Rate
6.16%

Located in the sought-after University Park neighborhood, 2071 S Milwaukee Street presents a meticulously maintained 1955 apartment building. nestled across from Observatory Park and just five blocks east of University Blvd, it offers essential multi-family housing in a serene residential area.

Out of its eight units, seven have recently undergone renovations, featuring modernized kitchens, updated bathrooms, luxury flooring, and contemporary light fixtures. On-site amenities include laundry facilities and storage, complemented by eight off-street parking spaces.

The property’s mid-century charm coupled with its refreshed interiors appeals to tenants seeking a blend of character and modern convenience. The investment boasts strong current performance metrics with upside in pushing rents to market rates.

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