$2,700,000
Active
37 Days Online
0 Beds0 Baths11,380 SQFT
Active

3605-3615 S Knox Court Denver, CO 80236

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The Knox Apartments are an 18-unit, cosmetic value-add opportunity consisting of two buildings strategically located in a quiet neighborhood on the outskirts of Sheridan, CO, and easily accessible to major city thoroughfares. Upgrades to both the exterior and interior of the property present new ownership with flexible value-add options. All units have undergone renovations featuring updated bathrooms and kitchens, as well as new luxury flooring, contemporary light fixtures, interior paint, windows, doors, and trim. 3605–3615 S Knox Ct boasts the opportunity to increase NOI through a fresh approach to both asset and property management. With current rents lagging market rates, a new operator can optimize operations and maximize returns by implementing concepts proven successful at surrounding properties. HIGHLIGHTS - Two 9-unit apartment complexes (18 units total) with diverse unit mixes - Located in a quiet neighborhood close to Sheridan and River Point, where nearby restaurants/ retailers include Costco, Target, Chick-Fil-A, Panera, and more - Beautifully maintained landscaping - All units have seen some upgrades including flooring, lighting, bathroom vanities, countertops, appliances, cabinets

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyArapahoe
  • Taxes$9,465
  • HOA/Condo/Coop Fees$0
  • Days on Site36 Days
  • MLS StatusActive
  • MLS ID Number2771054
  • Home Size Source N/A
  • Year Built1977
  • Lot Size0.58 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Building Features Laundry
  • Parking Spaces 24
  • Sewer Public Sewer
  • Number of Stories 2
  • Acreage 0.58
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Attached Garage No
  • Zoning B-1

Interior Features

  • Fireplace No

Exterior Features

  • Roof Other
  • Spa No
  • Waterfront Property No

Community Features

  • Building Features Laundry

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Monthly Payment (Est.)

$14,053
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