4510 W Saint Clair Place Denver, CO $ 7,750,000
4510 W Saint Clair Place
$ 7,750,000
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4510 W Saint Clair Place

Denver, CO, 80212
$ 7,750,000
Baths0.0 Sq 28,728

Monthly Estimate*

$ 51,509

Listed by Pinnacle Real Estate Advisors
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Studio Commercial Property for sale in Denver, CO for $7,750,000. This 28,728 square foot building was built in 1973 on a lot size of 2.66.

Saint Clair Place Apartments is a 42-unit apartment building built in 1973 conveniently located in Northwest Denver. The all-brick, exterior walk-up building features thirty-four one-bed/one-bath units, eight two-bed/one-bath units, and an impressive 60 parking spaces onsite. Only three units have been significantly updated; twenty units have stainless steel appliances, and the remaining units have been well maintained over the past few ownership groups. The property features oversized living and dining rooms, large bedrooms, two separate onsite laundry facilities, elevator access, as well as a beautiful central courtyard with picnic tables, grills, and bench seating. The property also includes a large open area on the west portion of the parcel that could be developed with additional units. Profound value-add opportunity via modernizing and updating units for increased returns. Conveniently located eight blocks to Regis University, and close to some of the top neighborhoods, parks and lakes that Denver has to offer. Low-maintenance exterior walk-up construction in great condition with ample parking. Situated on a massive 2.66-acre lot with a large vacant portion on the west side of the parcel for potential future development. Affordable Denver city living tucked on a quiet cul-de-sac with a rural park-like setting.

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Commercial Contingent

Price

$ 7,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 46,025

Style

Low Rise (1-3)

Lot Size

2.66

Year Built

1973

Town/City

Denver

County/Region

ADAMS

MLS | Web ID

5632971

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available
Roof Membrane
Zoning R-3
Garage Spaces 0
Construction Materials Brick Frame
Year Built 1973
Electric 110V
Stories 3
Property SubType Multi-Family
Tax Year 2022
Current Use Multi-Family
Gross Income 674542
Building Name Saint Clair Place Apartments
County Adams
Operating Expense 232166
Property Type Commercial Sale
Attached Garage N
Contingency None Known
Building Features Laundry Wi-Fi
Status Pending
City Denver
Buyer Agent Compensation 2
NumberOfUnitsTotal 42
Lot Size Units Acres
Lot Size Square Feet 115869.6
Carport Spaces 0
Street Name Saint Clair
Listing Terms Cash Conventional
Tax Annual Amount 46025
Structure Type Low Rise (1-3)
Standard Status Active Under Contract
Occupancy Type Tenant (Multiple)
Cap Rate 5.7
Buyer Agent Compensation Type %
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Exterior
Lot Features Cul-De-Sac
Water Source Public
Total Parking 60
Lot Size Area 2.66
Building Area Total 28728
Lot Size Acres 2.66
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Interior
Street Suffix Place
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Internal Only
Street Number 1 4510
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* Excluded Features
List By
Pinnacle Real Estate Advisors

Broker

(303) 962-9555

Phone

Affordability Calculator

$55,344
Per Month
93%
7%
0%
Monthly Principal & Interest
$51,509
Monthly Property Taxes
$3,835
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2023$7,750,000 Listed Price

Map


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4510 W Saint Clair Place, Denver, CO, 80212 is a Commercial Property for sale at $7,750,000 with 28,728 sqft and a lot size of 2.66. 4510 W Saint Clair Place is a studio with 0.0 baths and was built in 1973. The property's zip code is 80212 which is in Denver, CO