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$5,400,000 COMLIST
2063 Curtis St, Denver, CO 80205
0 Beds
0 Baths
13,476 sqft

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powered by CINC
Listing Provided By CBRE
CBRE is pleased to offer for sale Curtis Street Lofts, a 12-unit multifamily building located in Downtown Denver, Colorado. This is a rare opportunity for investors to run the property as a conventional apartment building with long-term residents or acquire a lodging license to rent some or all the units as short-term rentals to increase the income exponentially. The apartment homes at Curtis Street Lofts have high-end finishes including stainless steel appliances, custom cabinets, granite countertops, polished concrete or LVT plank flooring, balconies on every unit, dual vanities, office/study space in each floor plan, in-unit washers and dryers, central heating and cooling, designer lighting and ample windows for natural lighting. All the units at Curtis Street Lofts are spacious two-bedroom, two-bath floor plans. The average unit size is 1,123 square feet which is much larger than the floor plans at competing properties in or near Downtown Denver. Due to the Downtown zoning Curtis Street Lofts can attain a lodging license. This will allow an investor to rent any or all of the units in the building on a short-term rental basis. In most cases this will double or triple the income as the nightly rates are far greater than the traditional apartment use. In 2017 the owner used four units for this purpose and the result was the highest returns from the past four years. With a 96 Walk Score and 98 Bike Score, Curtis Street Lofts is the epitome of downtown, urban living. The Central Business District (CBD) and more than 145,077 jobs is less than one block from the property. Tenants or visitors will love the location of Curtis Street Lofts. Some of Denver’s best restaurants, nightlife and entertainment are within blocks including Coors Field, The Lobby, Great Divide Brewing, Jagged Mountain Brewery, Dagar Art Gallery & Axe Room, Mile High Spirits, Elway's, Marquis Theater, Cherry Cricket Ballpark, ViewHouse, The 1UP Arcade Bar and many more.
  • Price:
  • $5,400,000
  • Square Footage:
  • 13,476
  • Acreage:
  • 0.14
  • Year Built:
  • 2013
  • Listing ID #:
  • 6485078
  • Street Address:
  • 2063 Curtis St
  • City:
  • Denver
  • State:
  • Colorado
  • Postal Code:
  • 80205
  • County:
  • Denver
  • Listing Status:
  • Pending
  • Building Security:
  • Controlled Access, Fire Sprinkler System, Secured Garage/Parking, Smoke Detector(s)
  • Construction Description:
  • Brick, Concrete, Stucco
  • Exterior Features:
  • Balcony
  • Number Of Units:
  • 12
  • Patio Description:
  • Balcony
  • Style:
  • Mid Rise
  • Total Building Square Footage:
  • 13476
  • Type Of Roof:
  • Membrane
  • Year Built:
  • 2013
  • Gross Income:
  • 343867
  • Operating Expense:
  • 78653
  • Documents On Hand:
  • Financials, Lead Based Paint Disclosure, Lease, Profit/Loss Statement
  • Conforms To Zoning:
  • D-As-20+
  • Existing Land Use:
  • Multi-Family
  • Lot Features:
  • Corner Lot, Sprinklers In Front, Landscaped, Near Public Transit
  • Lot Square Footage:
  • 6261
  • Road Frontage Type:
  • Public Road
  • Road Type:
  • Paved
  • Contingency Type:
  • None Known
  • Days On Market:
  • 139
  • Originating Mls:
  • Reco
  • Previous Listing Price:
  • 5700000
  • Terms:
  • Owner Will Carry
  • Building Name:
  • Curtis Street Lofts
  • Street Type:
  • Street
  • Property Taxes:
  • $19,969
  • Tax Year:
  • 2019
  • Tenant Pays:
  • Electricity, Gas, Trash Collection, Water
  • Garage Parking Spaces:
  • 12
  • Has Garage:
  • Yes
  • Parking Spaces:
  • 12
  • Existing Water:
  • Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By CBRE
  • COMLIST

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