636 S Quitman St — Sale in Denver, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Denver, CO 80219

Photos

636 S Quitman St — Sale in Denver, CO, photo 1 of 2
636 S Quitman St — Sale in Denver, CO, photo 2 of 2

Investment Figures

Cap rate
6.90%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the exclusive listing for 636 S Quitman St, a 14-unit multifamily property located in the heart of West Denver. This attractive, cottage-style asset offers investors a rare opportunity to acquire a high-yielding property with strong in-place cash flow and additional upside through continued rent growth. The property is offered at $1,750,000, representing a 6.41% cap rate with the ability to achieve a 6.67% Year 1 cap rate. Investors will benefit from an 7.93% cash-on-cash return and a low basis of approximately $125,000 per unit, well below replacement cost. Investment Highlights: • High-yield investment with strong day-one cash flow and immediate income potential • Low basis pricing provides downside protection and long-term appreciation upside • Cottage-style layout enhances privacy, supporting strong demand and occupancy • Studio and one-bedroom mix aligns with Denver's largest renter pool • 10-unit scale attracts broad buyer pool and offers simple, efficient management • Retail space offers additional upside through lease-up and repositioning

Market Context

This multifamily in Denver, CO is listed for sale. It is offered at an approximate 6.9% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Denver, CO — view the full market.

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