1464 Elizabeth Street, a well maintained five-unit apartment community located in the thriving city of Denver, CO. Located two blocks south of City Park, the subject property was originally constructed in 1901 and offers its tenants one studio, two one-bedroom/one-bathrooms units and two two-bedroom/ one-bathroom units. Residents at 1464 Elizabeth Street have easy access to many convenient community amenities including off-street parking, nearby parks, shoppes, bars, and a shared yard. Residents are near many walkable amenities.
City Park sits two blocks to the North and Cheesman Park sits less than a mile to the South. These are some of the largest parks in Denver and offer outdoor activities such as biking, kayaking, and running. 1464 Elizabeth is half a block south of Colfax Avenue, the former gateway to the Rockies. Colfax boasts an assortment of bars, shopping, restaurants, and music venues. The neighborhood is highly sought after by Denver apartment dwellers due to the historic charm and neighborhood features.
The investment appeal of this asset is driven by the strong employment fundamentals, low vacancy levels, and rapidly expanding rental demand in the Denver, CO. This well located asset, just minutes from downtown Denver, presents an attractive choice for central Colorado renters.