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Denver,CO 80218
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2444244
HOA Y/N No
Originating Board recolorado
Year Built 2023
Annual Tax Amount $14,277
Tax Year 2024
Property Sub-Type Multi Family
Property Description
Arbory City Park West is a 41-unit condo project that was completed in 2023. There are 14 condos/town homes remaining that have not been sold. NorthPeak Commercial Advisors has been engaged to list two separate packages of condos/town homes for sale. These condos/town homes are also still being marketed individually by Compass Real Estate, simultaneously. The first package available for sale includes four condos (2-1Br/1Ba + Den; 1-2Br/1Ba; 1-2Br/2Ba). This includes units 112, 114, 401, and 503. The asking price for the four condos is $1,969,200. All condo units have electric heat and cooling through high efficiency mini split heat pump systems. In addition, all condo units have individual Xcel electric meters and tenants pay provider directly for heating/cooling expense monthly. All of these units are projected to pay $105/monthly utility reimbursement fee and additional $100/monthly fee for per parking space. The second package available for sale includes six town homes (6-2Br/2.5Ba). This includes units 212, 213, 214, 215, 216 and 217. All units are adjacent to each other and there are no units above or below these town homes located above the podium parking structure. These units have Aquatherm hot water heat, and this expense is included in HOA dues for town home units only. All of these units are projected to pay $146/monthly utility reimbursement fee and additional $100/monthly fee for per parking space. Perfectly situated in one of Denver's most sought-after neighborhoods, City Park West. The Arbory has the enviable convenience of being situated directly between City Park and Uptown while being equal distance from downtown and Cherry Creek, and near Cheesman Park and Denver's Botanic Gardens. Take advantage of this rare opportunity to own one of 41 condominiums in such a highly sought-after area where you can live, work, and play within walking distance to everything in this thriving, historic neighborhood.
Location
State CO
County Denver
Interior
Fireplace N
Exterior
Garage Spaces 10.0
Total Parking Spaces 10
Garage Yes
Building
Sewer Public Sewer
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional