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$2,100,000

For Sale

2 months ago

1300 S Parker Rd, Denver, CO

House

MLS® 2647831

0 Bed

0 Bath

--

500 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $606
Days Active 59
Lot Size 
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
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1972
Basement
Driveway
Garage Spaces
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

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