2871 West Parkside Place

Denver, CO 80221

$2,080,000
Price
14
Beds
7,908 Sq. Ft.
$263 / Sq. Ft.
7,908
Sq. Ft.
$263
per Sq. Ft.

Property Details for 2871 West Parkside Place

StatusActive
MLS #4357702
Year Built2019
Days on Compass88
Compass TypeMulti Family
MLS TypeResidential Income / Income / Multi-Story
Lot Size0.22 AC / 9,390 SF
Taxes$10,400 / year
Condo/Co-op Fees-
HOA Fees$210 / month
CountyDenver County

Listing Agent

Eric Weins

Urban Modern Realty, LLC

weinseric@msn.com

P: 303.561.1099

M: 720.372.1022

Contact Agent(s)

Property Details for 2871 West Parkside Place

Architectural Style
Contemporary
Neighborhood
Chaffee Park Regis University
School District
Denver 1
Total Garage Spaces
4
Parking Count
2
Parking Features
Driveway-Concrete
Zoning
R1
Structural Style
Multi-Story

Description

Amazing investment opportunity across the street from Regis University! Average rental income ranges from $2,800 - $3,100/month per unit. Regis has invested $200+M into their campus for future development including retail and campus buildings. This is a perfect opportunity to take advantage of pre-construction pricing! Units designed with desirable main floor entrances. All units are large 1,900+sf, 3 big bedrooms/3.5 baths, 3 story, roof top decks with gorgeous mountain and city views. Each unit... has an attached garage and off-street parking space. The developer has spared no expense in providing stainless steel appliances, fixtures and custom finishes. Low HOA which includes access to the Regis fitness center. Vertical frame construction has started. Walking distance to Regis and light rail. Just 10 min. to downtown. Near new and trendy restaurants, bars, breweries and shops. Expected completion early 2020.

Location

Listing Courtesy of Urban Modern Realty, LLC, Eric Weins

Open Houses

Saturday, Dec 14th

10:00 AM - 5:00 PM

Public

Sunday, Dec 15th

12:00 PM - 5:00 PM

Public

Saturday, Dec 21st

10:00 AM - 5:00 PM

Public

Building Information for 2871 West Parkside Place

Stories-Residences5Year Built2019Building Size-Lot Size0.22 AC / 9,390 SF

Payment Calculator

$8,558 per month

30 year fixed, 3.51% Interest

Principal and Interest

$7,481

Property Taxes

$867

HOA Dues

$210

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Property Information for 2871 West Parkside Place

Summary
    Location and General Information
  • Status: Active
  • Directions: From I-70, exit Federal, north on Federal to 52nd Ave. and turn right. Across from Regis University.
  • Elementary School: Beach Court
  • High School: North
  • Middle Or Junior School: Skinner
  • School Of Choice: Yes
  • Style Characteristics: Side-by-Side
  • Unit Access: Garden Level
    Parking
  • Total Carport Spaces: 0
  • Total Offstreet Spaces: 0
  • Total Reserved Spaces: 0
  • Total RV Spaces: 0
  • Parking Total Searchable: 8
  • Parking Description 1: Oversized 1-car garage
  • Parking Spaces Number Of 1: 4
  • Parking Type 1: Garage (Attached)
  • Parking Description 2: Driveway for garage (Tandem Parking)
  • Parking Spaces Number Of 2: 4
  • Parking Type 2: Reserved - Deeded
    Taxes and HOA Information
  • Association Fee Primary Annual: 2,520.00
  • Association Fee Secondary Annual: .00
  • Association Fee Tertiary Annual: .00
  • Association Fee Total Annual: 2,520.00
  • Association Management Type: Professionally Managed
  • Association Name Primary: ARIA
  • Association Phone Primary: 303-561-1099
  • Association Website Primary: aria.denverskyloftscom
  • Has HOA: Yes
  • Has Multiple HOA: No
  • Tax Legal Description: TBD
  • Tax Year: 2018
Property
    Lot Information
  • Lot Size Acres: .22
  • Parcel Number: 123456
  • Site Features: Master Planned, Near Public Transit
  • Road Surface: Paved Road
    Property and Assessments
  • Distance To Bus: .10
  • Distance To Light Rail: 1.00
  • Distance Type: Miles
  • Exclusions: None
  • Features: Professionally Managed
  • County Or Parish: Denver
  • Status Conditions: None Known
  • Sqft Total: 7908.0
    Utilities
  • Cooling: Air Conditioning-Central
  • Green Has Energy Green Features: No
  • Heating: Forced Air
Interior and Exterior Features
    Exterior Features
  • Construction Materials: Brick, Stucco, Wood Siding
  • Construction Methods: Brick, Concrete, Frame
  • Roof: Composition Shingles, Membrane
  • Building Area Source: Builder
    Interior Features
  • Basement Finished: Yes
  • Basement Percent Finished: 100
  • Basement Size: Full
  • Baths Total: 19
  • Flooring: Laminate, Tile Floor
  • Heating Fuel: Gas
  • Interior Features: Eating Space / Kitchen, Heated Basement, Master Suite, Pet Free, Smoke Free, Sump Pump, Walk-in Closets
  • Kitchen Appliances: Dishwasher, Disposal, Microwave Oven, Refrigerator (Kitchen), Smoke Alarm, Stove/Range/Oven, Sump Pump
  • Laundry Availability: W/D Hookups in Unit
  • Above Grade Sq Ft: 5860
  • Basement Sq Ft: 2048
  • Finished Sq Ft: 7908
Multi Family
    Multi-Family Information
  • Annual Expense Actual: $19,380
  • Annual Expense Proj: $19,380
  • Annual Income Actual: $144,000
  • Annual Income Proj: $124,620
  • Annual Net Income Actual: $124,620
  • Annual Net Income Proj: $105,240
  • Association Fee Annual: $180
  • Capitalization Rate: 6.00%
  • Capitalization Rate Calculation: 124620/2080000
  • Gross Operating Income: $139,680
  • Insurance Expense: $6,000
  • Maintenance Expense: $2,000
  • Number Of Units Vacant: 6
  • Payroll Annual Expense: $800
  • Per Unit Features: Garage
  • Real Estate Taxes: $10,400
  • Vacancy Credit Losses: $4,320
    Unit 1
  • Average Sq Ft: 1,977.00
  • Number Of Air Conditioners: 1
  • Number Of Bathrooms: 4
  • Number Of Dishwashers: 1
  • Number Of Hookups: 1
  • Number Of Parking Per Unit: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Number Of Units: 1
  • Unit Type: 3 Bedroom
    Unit 2
  • Average Sq Ft: 1,977.00
  • Number Of Air Conditioners: 1
  • Number Of Bathrooms: 4
  • Number Of Dishwashers: 1
  • Number Of Hookups: 1
  • Number Of Parking Per Unit: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Number Of Units: 1
  • Unit Type: 3 Bedroom
    Unit 3
  • Average Sq Ft: 1,977.00
  • Number Of Air Conditioners: 1
  • Number Of Bathrooms: 4
  • Number Of Dishwashers: 1
  • Number Of Hookups: 1
  • Number Of Parking Per Unit: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Number Of Units: 1
  • Unit Type: 3 Bedroom
    Unit 4
  • Average Sq Ft: 1,977.00
  • Number Of Air Conditioners: 1
  • Number Of Bathrooms: 4
  • Number Of Dishwashers: 1
  • Number Of Parking Per Unit: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Number Of Units: 1
  • Unit Type: 3 Bedroom
Rental Information
    Rental Information
  • Potential Rental Income Annual: $144,000
  • Rentals Allowed: Long Term, Short Term

Schools near 2871 West Parkside Place

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Beach Court Elementary SchoolPublicPK-50.5 mi
4
Guardian AngelsPrivatePK-80.7 mi
NR
STRIVE Prep - Sunnyside CampusCharter6-81.1 mi
3
Denver Public Montessori Junior/Senior High SchoolPublic7-111.4 mi
4

Beach Court Elementary School

PK-5, 0.5 mi, Public

4

Guardian Angels

PK-8, 0.7 mi, Private

NR

STRIVE Prep - Sunnyside Campus

6-8, 1.1 mi, Charter

3

Denver Public Montessori Junior/Senior High School

7-11, 1.4 mi, Public

4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2871 West Parkside Place is a multi-family home for sale in Denver, CO 80221. This property was listed for sale on September 13, 2019 by Urban Modern Realty, LLC at $2,080,000. Nearby schools include Venture Prep, High Tech Elementary School and Denver School of Science and Technology: Green Valley Ranch High School. 2871 West Parkside Place is a 14-bed, 0-bath, 7,908 sqft multi-family home built in 2019.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Urban Modern Realty, LLC, Eric Weins
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