1285-1295 Ammons is a 10-unit investment property in a high growth submarket. The buildings were constructed in 1961 and have had extensive recent improvements including boilers, water heaters, windows, and electrical. There is also a diverse unit mix that will perform well in all markets, consisting of two (2) - 1Bd/1Ba, four (4) 2Bd/1Ba, and four (4) - 3Bd/1Ba. The units are well maintained with dishwashers and achieving strong rents.
This deal is located in a high growth submarket with walkability to the Wadsworth Light Rail Station. There has been large scale redevelopment in the area including class A apartments, retail, and townhomes. For the right investor, this is an opportunity to buy a deal in a great location that will continue to improve over time.
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Median Square Feet
Market statistics compiled from data from Metrolist Inc MLS - Professional (Denver).