CO
Denver
Denver
80222
4640 E Asbury Circle, Denver, CO 80222
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
13
$3,875,000

Home Details for 4640 E Asbury Circle

Price
$3,875,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1962
Lot size acres
0.38
County
Denver
Garage
Days on site
19
MLS Listing#
1588105
Property Description

NorthPeak Commercial Real Estate Advisors is pleased to present Asbury Gardens, a turn-key 22-unit apartment community with (2) 1Bd/1Ba units, (19) 2Bd/1Ba units and (1) 3Bd/1Ba unit. All units show very well having received a total renovation since 2021 by current ownership. Asbury Gardens is well-located between Cherry Creek and the Denver Tech Center (DTC) with great access to all of Denver. Tenants are also a short walk to the RTD Light Rail via a pedestrian bridge that begins just steps from the front of the property. The asset also offers great curb appeal with a mid century aesthetic and a nicely landscaped courtyard that anchors this quiet community. Finally, Asbury Gardens is brought to market with the option of assumable debt at just 2.95%. Please contact listing brokers for details and showings. Property Highlights: • All units updated in 2020-2021 ($300k spent) • Individual furnace/hot water in units, tenants billed directly • On-site common laundry for tenant use (seller owned) • Tenants pay for gas/unit electric directly; billed back for water/sewer/trash • 3 off-street parking spaces (additional income) • Assumable debt at 2.95%

Property Features
    Listing Courtesy: NorthPeak Commercial Advisors, LLC - 720-738-1944
    Metrolist Inc MLS - Professional (Denver) logo The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than EXIT Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
    Transportation
    Check the walk, transit, and bike score for
    Neighborhood Market Statistics
    See average values in the proximity of this property
    Median Listing Price
    Median Days on Site
    Median Square Feet
    Market statistics compiled from data from Metrolist Inc MLS - Professional (Denver).
    EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
    383 Inverness Parkway Suite 140, Englewood, CO 80112
    Sheryll White Broker. 303 790 7200
    Office
    303 790 7200
    Request more details
    Code: