830 Dexter St, Denver, CO 80220

Property Description

830 Dexter Street is an 11-unit multifamily asset comprised of 10 one-bedroom/one-bathroom units and 1 two-bedroom/one-bathroom unit, located in one of Denver’s most desirable infill submarkets. Built in 1956, the property totals 6,512 SF on a 6,350 SF lot with 6 surface parking spaces. Recent capital improvements include newer windows, a new hot water heater, keyless entry systems at both the front and rear doors, new washer/dryer units, a new boiler pump and expansion tank, and a newer boiler — reducing near-term capex exposure for an incoming owner. The property benefits from the same neighborhood tailwinds driving investment throughout the immediate area. Since 2014, Continuum Partners has been executing a 26-acre mixed-use development located as close as half a mile away, ultimately delivering approximately 1,100 new apartments, condominiums, and townhomes, 40–50 new shops and restaurants, and 150,000 SF of new office space, along with new parks and plazas — all within walking distance of the subject. The asset sits just three blocks from the 9+CO redevelopment and near a growing cluster of new restaurants, grocery, and retail. Residents enjoy immediate access to Colorado Boulevard and E. 6th Avenue, proximity to Rose Medical Center, and a location roughly 1.5 miles from Cherry Creek. With its mechanical systems recently updated, a diversified unit mix, and a location benefiting from significant ongoing neighborhood investment, 830 Dexter Street offers an attractive, lower-maintenance entry point into a submarket with strong forward momentum.