Sale Price: $1,185,000 · FINANCIAL ANALYSIS: UNIT MIX AND AVERAGE RENT SCHEDULE: ... Total Return:...

JIM [email protected]

For more information, please contact:

Pinnacle Real Estate Advisors, LLC1 Broadway #A300, Denver, CO 80203303.962.9555 | www.PinnacleREA.com

ROBERT LAWSONSenior [email protected]

CHRIS KNOWLTONAssociate [email protected]

• One-of-a-Kind 4-Plex Nestled Between City Park, Capitol Hill, Cheesman Park and Congress Park

• Residential Financing Available (30yr Fixed/30yr Amortization)

• All 4 Units Completely Updated with Individual Washer/Dryers

• 2 - 2Br/1Ba, 2 - 1Br/1Ba

• 8 Parking Spots Behind the Building

• Walking Distance to Numerous Restaurants, Bars, Music Venues and Parks

• Updated Electrical, Updated Plumbing, Newer Furnaces and Hot Water Heater

Sale Price: $1,185,000

FOR SALE 1530 Gaylord Street

Denver, Colorado 80206

Property Features:

FINANCIAL ANALYSIS:UNIT MIX AND AVERAGE RENT SCHEDULE:# Units Unit Type Est. Size Current Proforma 1 2Br/1Ba 925 $1,795 $1,7951 1Br/1Ba 800 $1,355 $1,6501 2Br/1Ba 900 $1,950 $1,9501 1Br/1Ba 700 $1,295 $1,3254 3,325 $6,395 $6,720

OPERATING DATA:INCOME Current ProformaGross Rental Income: $76,740 $80,640 Vacancy Allowance (3%): $(2,302) $(2,419)Effective Rental Income: $74,438 $78,221 Gross Operating Income: $74,438 $78,221 ESTIMATED EXPENSES:Property Tax: $3,239 $3,239 Property Insurance (Actual/Quote): $3,000 $1,434Utilities: $5,112 $5,112Repairs/Maint. (est. $650/unit): $2,600 $2,600Total Expenses: $13,951 $12,385Expenses per Unit: $3,488 $3,096Net Operating Income: $60,487 $65,836

FINANCIAL ANALYSIS:Current Proforma

NOI: $60,487 $65,836 Projected Debt Service: ($48,968) ($48,968)Before Tax Cash Flow: $11,519 $16,868 CAP Rate: 5.10% 5.56%Cash-on-Cash Return: 3.24% 4.74%Principal Reduction (yr. 1): $13,984 $13,984 Total Return: 7.17% 8.68%

INVESTMENT SUMMARY:List Price: $1,185,000Price/Unit: $296,250Price/SF: $344

PROPOSED FINANCING:Loan Amount (70%): $829,500Down Payment (30%): $355,500Interest Rate: 4.25%Amortization: 30 years

Pinnacle Real Estate Advisors, LLCOne Broadway Ste A300 | Denver, Colorado 80203 | 303.962.9555 | www.PinnacleREA.com





© 2016 Pinnacle Real Estate Advisors, LLC. All information contained herein has been obtained from sources we believe to be reliable.However, we accept no responsibility for its accuracy and encourage verification of all information prior to making financial decisions.









Property OverviewCity: DenverBuilding Size: 3,446 SFLot Size: 4,166 SFYOC: 1902Parking: 8 SpacesHVAC: Furnace/

Forced Air



COLF

AX A

VE.

YORK STREETDENVER

CITY PARK1530 Gaylord StreetDenver, CO

DOWNTOWNDENVER

17TH

AVE

.

CHEESMANPARK

DENVERZOO

DENVER MUSEUM OF NATURE & SCIENCE

CONGRESSPARK

9TH + COLORADO PROJECT

OGDENTHEATRE









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Sale Price: $1,185,000 · FINANCIAL ANALYSIS: UNIT MIX AND AVERAGE RENT SCHEDULE: ... Total Return:...

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