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BEDS20
BATHS10
SQUARE FEET7,500
MLS#3064703
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWestwood
SCHOOLDenver 1
Listing Courtesy of:
Marcus & Millichap Real Estate Investment Services of Atlant
Agency Contact: charles.burkhart@marcusmillichap.com,214-336-6064
Property Description
Marcus & Millichap is pleased to present the exclusive opportunity to acquire 982 S Sheridan Blvd, a fully renovated, stabilized multifamily investment located in the desirable West Denver submarket. The property offers investors a compelling combination of strong in-place income, immediate upside through rent normalization, and additional NOI growth through utility reimbursement implementation.With all major renovations completed, the asset is positioned as a low-risk, turnkey acquisition with predictable operations and limited ongoing capital requirements. Several in-place leases remain below market, allowing a new owner to enhance returns through natural lease turnover rather than speculative value-add strategies. Additionally, individual metering for gas and electricity provides a straightforward opportunity to improve expense recoveries and increase net operating income.982 S Sheridan Blvd represents an attractive opportunity for investors seeking a stabilized multifamily asset with multiple day-one income growth levers, durable tenant demand, and long-term appreciation supported by Denvers strong market fundamentals.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Forced Air
Roof Type: Unknown
Stories: 1.0
Taxes: $9,525
Year Built: 1956
Feature Descriptions
Baths Total: 10
Days on Site: 1
Exclusions: n/a
Exterior: Brick
Lot: Level
Parcel#: 5183-00-882
Sewer: Public Sewer
Local Schools
High School: John F. Kennedy
Middle School: DSST: Byers Middle School
Elementary School: Force
School District: Denver 1
Listed By / Shown By
Listed By
Agency Name: Marcus & Millichap Real Estate Investment Services of Atlant
Agency Contact: charles.burkhart@marcusmillichap.com,214-336-6064
Shown By
Agent Name: The Home Team
Agent Phone: (719) 661-1199
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 10,445.95 per month $9,112.61 Principal & Interest $793.75 Property Tax $539.58 Homeowner's InsuranceChange Payment Information
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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982 S Sheridan Boulevard | MLS# 3064703
This multi-family property located at 982 S Sheridan Boulevard, Denver, CO 80226 is currently listed for sale with an asking price of $1,850,000. S Sheridan Boulevard is located within the Denver 1 school district. Search Denver real estate on home-team.thecuttingedgerealtors.com today.