2903 E 14th Avenue, Denver, CO, 80206

2903 E 14th Ave. is a classic vintage building in the heart of Denver’s Congress Park neighborhood just blocks from popular attractions and nightlife, as well as Congress Park and City Park. The property has a unique unit mix ranging from one-bedrooms to an oversized four-bedroom. Tenants will be attracted to the early 1900’s charm on the outside and fall in love with the modern amenities on the inside. Each unit has undergone expansive updates over the past three years and extremely high rents are locked into place. Separately metered gas and electric for each unit, owner expenses are lower than average, and a future owner operator will step in to a current CAP rate pushing 6%. The two 3-bedroom units currently have two living rooms, one of which could easily be utilized as a fourth bedroom pushing proforma rents even higher. Washers and dryers in each unit will lead to top of the market rents, and longer-than-average tenancies for the new owner. This recent building transformation results in high rents and low expenses for a future owner looking forward to hitting cruise control for the foreseeable future. Surrounded by new construction and popular nightlife, 2903 E 14th will continue to benefit from an A+ location in one of Denver’s most popular neighborhoods.