William Penn Apartments | 1644 Pennsylvania St
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William Penn Apartments 1644 Pennsylvania St Immeuble residentiel 35 lots 5 193 420 € (148 383 €/Lot) Denver, CO 80203
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Value-Add Opportunity
- Steps to Downtown and 17th Avenue’s “Restaurant Row”
- Ready for Immediate Renovation – Currently Unoccupied
- Location, Location, Location
- Spacious One-Bedroom Floorplans
RÉSUMÉ ANALYTIQUE
*CALL FOR OFFERS DEADLINE - MAY 30*
The William Penn is a value-add opportunity in Denver’s Uptown neighborhood. The property is just a few blocks east of the Central Business District, and adjacent to 17th Avenue: Denver’s famed Restaurant Row. The building was completely vacated earlier this year and is positioned for immediate renovation.
The attractive 4-story building consists of 35 one-bedroom apartments. These spacious apartments offer functional floor plans, abundant natural light, and many units enjoy stunning views of the downtown skyline.
The existing $5,098,085 Freddie Mac loan is fixed at 3.43% through April 2032. The lender has indicated that the loan is assumable.
The heating system consists of a natural gas boiler and hot water baseboard registers with thermostats in each apartment. The current electric service is 30 amps to each unit. The building also features an elevator, laundry room, storage lockers and onsite manager’s office. The William Penn has a long-standing reputation as an exceptional building and deserves to be restored to its former glory.
REMEDIATION REQUIREMENTS
The City and County of Denver successfully sought the appointment of a court-appointed receiver to manage the sale and ensure the remediation of the Property. The receiver, in turn, has listed the property for sale with the Johnson-Piretti Team at NorthPeak Commercial Advisors with the intent to sell the property “as-is”.
The successful contract for the property will be subject to court approval. As part of that process, the buyer must be approved by the City and negotiate a remediation plan to bring the property into compliance with the City Ordinances.
The William Penn is a value-add opportunity in Denver’s Uptown neighborhood. The property is just a few blocks east of the Central Business District, and adjacent to 17th Avenue: Denver’s famed Restaurant Row. The building was completely vacated earlier this year and is positioned for immediate renovation.
The attractive 4-story building consists of 35 one-bedroom apartments. These spacious apartments offer functional floor plans, abundant natural light, and many units enjoy stunning views of the downtown skyline.
The existing $5,098,085 Freddie Mac loan is fixed at 3.43% through April 2032. The lender has indicated that the loan is assumable.
The heating system consists of a natural gas boiler and hot water baseboard registers with thermostats in each apartment. The current electric service is 30 amps to each unit. The building also features an elevator, laundry room, storage lockers and onsite manager’s office. The William Penn has a long-standing reputation as an exceptional building and deserves to be restored to its former glory.
REMEDIATION REQUIREMENTS
The City and County of Denver successfully sought the appointment of a court-appointed receiver to manage the sale and ensure the remediation of the Property. The receiver, in turn, has listed the property for sale with the Johnson-Piretti Team at NorthPeak Commercial Advisors with the intent to sell the property “as-is”.
The successful contract for the property will be subject to court approval. As part of that process, the buyer must be approved by the City and negotiate a remediation plan to bring the property into compliance with the City Ordinances.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 5 193 420 € | Classe d’immeuble | C |
| Prix par lot | 148 383 € | Surface du lot | 0,09 ha |
| Type de vente | Investissement | Statut de la construction | En cours de rénovation |
| Nb de lots | 35 | Surface de l’immeuble | 2 291 m² |
| Type de bien | Immeuble residentiel | Occupation moyenne | 100% |
| Sous-type de bien | Appartement | Nb d’étages | 4 |
| Style d’appartement | De hauteur moyenne | Année de construction/rénovation | 1956/2025 |
| Zonage | C-MX | ||
| Prix | 5 193 420 € |
| Prix par lot | 148 383 € |
| Type de vente | Investissement |
| Nb de lots | 35 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | C |
| Surface du lot | 0,09 ha |
| Statut de la construction | En cours de rénovation |
| Surface de l’immeuble | 2 291 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 4 |
| Année de construction/rénovation | 1956/2025 |
| Zonage | C-MX |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Espace d’entreposage
- Ventilateurs de plafond
- Planchers en bois
- Réfrigérateur
- Four
- Cuisinière
CARACTÉRISTIQUES DU SITE
- Laverie
- Property Manager sur place
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| 1+1 | 35 | - | 47 |
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Walk Score®
Idéal pour les promeneurs (96)
Transit Score®
Excellent réseau de transport en commun (77)
Bike Score®
Un paradis pour les cyclistes (97)
TAXES FONCIÈRES
| Numéro de parcelle | 2349-20-032 | Évaluation des aménagements | 334 759 € |
| Évaluation du terrain | 108 594 € | Évaluation totale | 443 354 € |
TAXES FONCIÈRES
Numéro de parcelle
2349-20-032
Évaluation du terrain
108 594 €
Évaluation des aménagements
334 759 €
Évaluation totale
443 354 €
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William Penn Apartments | 1644 Pennsylvania St
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