456 Logan St
Denver, CO 80203
Four Fifty Six Logan Apartments · Immeuble residentiel Bien À vendre · 37 Lots

Exceptional opportunity for the astute investor to take advantage of the current market cycle and to secure a multi unit building in a coveted and high demand rental location. With the same ownership for almost thirty years, and an average occupancy over this three decade period of 95%, this investment offers a stable and predictable income stream for the next generation. Each of the 37 apartments are bright and spacious with walk in closets, plank flooring, gas stoves, and open floorplans. Each studio measures over 450 sq ft - living more like a one bedroom. 16 + parking spaces provide additional income. Recent updates include: two new boilers both installed in 2026, new vinyl windows throughout, plank flooring in all apartments, fresh signage and building awnings, updated common areas. Attentive long term management creates an easy transition to new ownership with a stable tenant base in place. The property offers 37 spacious studio apartments with a current average base rent of $1,062/month. In addition to base rent, residents pay a monthly utility reimbursement (below market) and pay for reserved parking (below market). Current rent roll and previous years' financial statements will be provided to qualified buyers. Located within a few minutes of both Cherry Creek and downtown Denver, the apartments are adjacent to the Cherry Creek Trail - ideal for cyclists or walkers. Trader Joe's is one block North, and neighborhood restaurants and shops are down the street and around the corner. Two neighborhood parks are both just a few blocks away. 92 walk score and 95 bike score. These locations are rarely available and are often held for decades.