63 S 22nd Ave #A1-B8, Brighton, CO 80601
Local realty services provided by:CENTURY 21 CapRock Real Estate
63 S 22nd Ave #A1-B8,Brighton, CO 80601
$2,970,000
- - Beds
- - Baths
- 14,608 sq. ft.
- Multi-family
- Active
Listed by: nicholas bukowski
Office: the station real estate
MLS#:1030190
Source:IRES
Price summary
- Price:$2,970,000
- Price per sq. ft.:$203.31
About this home
Located just off Highway 7, 63 South 22nd Avenue, Buildings A & B offers a prime 16-unit multifamily investment with easy access to Denver, the metro suburbs, and Denver International Airport. This 14,608-square-foot garden-style complex consists of two 8-unit buildings with fourteen 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, totaling 30 bedrooms and 16 bathrooms. Dedicated off-street parking ensures convenience for tenants. Each unit has independent gas and electric meters, forced-air furnaces, and gas water heaters. The owner currently pays water, sewer, and trash, while tenants cover gas and electricity. The property generates $300,180 in gross rental income and a net operating income (NOI) of $213,615, with additional upside through utility reimbursements and further operational efficiencies. A comprehensive capital improvement plan has been completed, with 14 of 16 units fully renovated in the last two years. Recent upgrades include new roofs, fresh exterior paint, newer furnaces, hot water heaters, and rooftop A/C units for second-floor units. Newer (less than two years old) coin-operated laundry machines in each building help offset expenses. Further value-add opportunities remain, including resurfacing the parking lot, modernizing common areas, completing the final two unit renovations, and implementing a RUBS program to recapture owner-paid utilities. Located in a high-growth submarket, the property is within three miles of major retail, recreation, and employment hubs, including Barr Lake State Park, Prairie Center Shopping Center, Platte Valley Medical Center, and multiple schools. With turnkey operational stability, strong tenant demand, and additional value-add potential, this is a rare investment opportunity in Brighton's expanding multifamily market. Contact us today for the full Offering Memorandum (OM) and financial details....
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Home facts
- Year built:1980
- Listing ID #:1030190
- Added:342 day(s) ago
- Updated:March 12, 2026 at 03:28 PM
Rooms and interior
- Dining Description:Eat-in Kitchen
- Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
- Basement Description:Partially Finished
- Living area:14,608 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1980
- Building area:14,608 sq. ft.
- Lot area:0.89 Acres
- Lot Features:Curbs, Deciduous Trees, Fire Hydrant within 500 Feet, Gutters, House Faces East, Level, Paved, Sidewalks
- Architectural Style:Legal Conforming
- Construction Materials:Brick, Frame, Wood Siding
- Exterior Features:Patio
- Levels:1 1/2 Story, Raised Ranch
Schools
- High school:Brighton
- Middle school:Vikan, Walter L.
- Elementary school:Southeast
Utilities
- Water:City
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,970,000
- Price per sq. ft.:$203.31
- Tax amount:$18,415
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Range, Fire Alarm, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)
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