Link Copied
Listed price in listed location currency (USD).
$2,100,000

00500

MLS® 2647831

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $606
Days Active 11
Approx. Age 1972
MLS® Number 2647831

Property Address: 1300 S Parker Rd, Denver, CO, 80231-2147

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a 33-unit condo portfolio offered as a distressed investment due to fire incidents that occurred in 2022 and 2023. As a result, pricing reflects a significant discount, currently estimated at approximately 50–60% below prior market values. This portfolio is best suited for experienced investors with a medium- to long-term investment horizon and may not fit all buyer profiles. Several units are impacted and pending future renovation coordination through the HOA. Based on current HOA communication, reconstruction and remodeling of fire-affected units are anticipated to begin within approximately two years, subject to HOA timelines and approvals. Prior to the fire events, comparable units within the community historically traded between $125, 000–$180, 000 per unit, presenting potential upside as restoration progresses and market conditions stabilize (buyers to independently verify all projections). The current owner is actively working to lease up additional units, with plans to add approximately seven more rental units, which may improve future income performance and NOI. Prime investment opportunity for value-add investors seeking long-term appreciation and income growth potential.
MLS® Number2647831
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1972
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 27, 2026List Date
$2,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
1300 S Parker Rd, Denver, CO

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties