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
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    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
    Dawn Campbell
    Associate Broker
    Office
    303 790 7200
    Agent
    303 408 3229
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