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Listed by Heidi Schamber and Todd Walsh of Market Real Estate (303-444-5040)
1216 Pleasant Street is a six unit apartment building in a prime location on University Hill. There are 4 one-bed apartments and 2 studio apartments all leased through 07/2023. Existing rents total $125,040 per annum + additional fees for grounds and utilities. Pre-leasing for the 2023-2024 school year is underway. Projected rents are $138,120 and additional income is: $85/mo/unit for utility fund + $30/mo/unit for grounds + $300/month estimated for parking. Students love 1216's proximity to CU Campus, living in private units that have been fully updated and having shared laundry and parking onsite.

Property Details of 1216 Pleasant Street

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Information source: Information and Real Estate Services, LLC (IRES). Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Data last updated on April 1, 2023 11:50 PM EDT . All data is obtained from various sources and has not been, and will not be, verified by broker or IRES.   Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.

 
 

 

 

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