999 Pearl Street

Denver, CO 80203 — Denver County

Commercial Sale  $5,040,000  Sold  Listing# 7438715  

12175.00 sqft    Lot size: 9583.20 sqft    0.22 acres   

 



Updated: 05-30-2024 04:44pm

  Property Description

Introducing Pearl Nines, a meticulously renovated 16-unit apartment building ideally situated in the vibrant heart of Capitol Hill, Denver. Boasting an enviable location at 999 Pearl Street, residents can relish the convenience of being within walking distance to a myriad of popular bars and restaurants on Lincoln and Grant Street, as well as the beautiful Cheesman Park just under a mile away. The property is comprised of 7-1Br/1Ba units and 9-2Br/1Ba units, with 14 out of 16 units having undergone extensive renovations. Tenants of Pearl Nines are treated to a host of exceptional amenities, including a newly designed courtyard complete with ample seating and a grilling station, garage parking, on-site laundry facilities, additional off-street parking, and select units with balconies. • 5.17% CAP Rate on Actual Numbers • Assumable Financing at 3.92% for 3.5 more years! • Turnkey 16 Unit Apartment Building Located in the Heart of Capitol Hill • Reserved Underground Garage Parking • Walking Distance to Several Popular Bars, Restaurants and Parks • Numerous Large Capital Improvement Projects Completed (see next page) • Several Amenities Including: On-Site Laundry, Storage Units, Balconies (select units) and a Courtyard with Ample Seating and a Grilling Station

  Listing Details

Property Type 
Commercial Sale
Listing# 
7438715
Source 
REcolorado (Denver)
Last Updated 
05-30-2024 04:44pm
Status 
Sold
Status Conditions 
None Known
Off Market Date 
02-27-2024 12:00am

  Property Details

Property Subtype 
Multi-Family
Sold Price 
$5,040,000
Original Price 
$5,200,000
Location 
Denver, CO 80203
SqFT 
12175.00
Acres 
0.22

  Map

  Property Level and Sizes

SqFt Lot 
9583.20
Lot Size 
0.22

  Financial Details

Previous Year Tax 
16691.00
Year Tax 
2022
Primary HOA Fees 
0.00

  Interior Details

  Exterior Details

Features  
Balcony, Gas Grill
Sewer  
Public Sewer

  Garage & Parking

  Exterior Construction

Roof  
Unknown
Construction Materials  
Brick
Exterior Features  
Balcony, Gas Grill

  Land Details

PPA 
0.00
Sewer Fee 
0.00

  Schools

  Walk Score®


 


  Contact Agent

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