BEDS20
BATHS10
SQUARE FEET7,200
MLS#9785904
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWestwood
SCHOOLDenver 1
Listing Courtesy of:
Marcus & Millichap Real Estate Investment Services of Atlant
Agency Contact: adam.lewis@marcusmillichap.com
Property Description
982 S Sheridan Blvd is a fully renovated, stabilized multifamily investment located in the desirable West Denver submarket. The property offers investors a compelling combination of strong in-place income, immediate upside through rent normalization, and additional NOI growth through utility reimbursement implementation.With all major renovations completed, the asset is positioned as a low-risk, turnkey acquisition with predictable operations and limited ongoing capital requirements. Several in-place leases remain below market, allowing a new owner to enhance returns through natural lease turnover rather than speculative value-add strategies. Additionally, individual metering for gas and electricity provides a straightforward opportunity to improve expense recoveries and increase net operating income.982 S Sheridan Blvd represents an attractive opportunity for investors seeking a stabilized multifamily asset with multiple day-one income growth levers, durable tenant demand, and long-term appreciation supported by Denvers strong market fundamentals.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Forced Air
Roof Type: Unknown
Stories: 1.0
Taxes: $9,525
Year Built: 1956
Feature Descriptions
Baths Total: 10
Days on Site: 7
Exclusions: n/a
Exterior: Brick
Lot: Level
Parcel#: 5183-00-882
Sewer: Public Sewer
Local Schools
High School: John F. Kennedy
Middle School: DSST: Byers Middle School
Elementary School: Force
School District: Denver 1
Listed By / Shown By
Listed By
Agency Name: Marcus & Millichap Real Estate Investment Services of Atlant
Agency Contact: adam.lewis@marcusmillichap.com
Shown By
Agent Name: Kelly Sheffield
Agent Phone: (719) 322-5725
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 10,445.95 per month $9,112.61 Principal & Interest $793.75 Property Tax $539.58 Homeowner's InsuranceChange Payment Information
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982 S Sheridan Boulevard | MLS# 9785904
This multi-family property located at 982 S Sheridan Boulevard, Denver, CO 80226 is currently listed for sale with an asking price of $1,850,000. S Sheridan Boulevard is located within the Denver 1 school district. Search Denver real estate on www.olympiccityproperties.com today.