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4439 W Nevada Pl

9 Unit Block of Flats £1,301,850 (£144,650/Unit) 6.18% Net Initial Yield Denver, CO 80219

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Investment Highlights

4.03% Assumable Loan Fixed Through January 1st, 2027
All Two Bedroom Units
Huge & Immediate Rental Upside

Well Maintained Asset with Updated Kitchens, Bathrooms, Floors, Windows, Furnaces, Hot Water Heaters, Roof, Laundry, Sewer Line and Parking Lot
6.18% Current CAP Rate
Individually Metered for Gas & Electric

4439 W Nevada Pl - OM (EMAIL)

Financial Summary (Pro forma - 2024)	Annual	Annual Per SF
Gross Rental Income	£129,948	£20.24
Other Income	£4,057	£0.63
Vacancy Loss	£6,700	£1.04
Effective Gross Income	£127,305	£19.83
Taxes	£7,185	£1.12
Operating Expenses	£30,964	£4.82
Total Expenses	£38,149	£5.94
Net Operating Income	£89,156	£13.89

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual	£129,948
Annual Per SF	£20.24

Other Income
Annual	£4,057
Annual Per SF	£0.63

Vacancy Loss
Annual	£6,700
Annual Per SF	£1.04

Effective Gross Income
Annual	£127,305
Annual Per SF	£19.83

Taxes
Annual	£7,185
Annual Per SF	£1.12

Operating Expenses
Annual	£30,964
Annual Per SF	£4.82

Total Expenses
Annual	£38,149
Annual Per SF	£5.94

Net Operating Income
Annual	£89,156
Annual Per SF	£13.89

Property Facts

Price	£1,301,850	Building Class	C
Price Per Unit	£144,650	Lot Size	0.29 AC
Sale Type	Investment	Building Size	6,420 SF
Net Initial Yield	6.18%	Average Occupancy	100%
No. Units	9	Number of Floors	1
Property Type	Residential	Year Built	1956
Property Subtype	Apartment	Parking Ratio	1/1,000 SF
Apartment Style	Low Rise

Price	£1,301,850
Price Per Unit	£144,650
Sale Type	Investment
Net Initial Yield	6.18%
No. Units	9
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.29 AC
Building Size	6,420 SF
Average Occupancy	100%
Number of Floors	1
Year Built	1956
Parking Ratio	1/1,000 SF

Site Amenities

Laundry Facilities

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
2+1	9	-	552

1 of 1

PROPERTY TAXES

Parcel Number	5182-01-015	Total Assessment	£92,526 (2023)
Land Assessment	£8,322 (2023)	Annual Taxes	£7,185 (£1.12/sf)
Improvements Assessment	£84,204 (2023)	Tax Year	2024