This covered parking stall is located in prime downtown Denver within a secure and well-maintained HOA garage. Offering protection from snow, rain, and ice melt, this stall is an attractive option for renters year-round. As an investor, you'll benefit from a truly passive income opportunity with remote management currently designed and ready to hand off. The downtown location ensures demand for parking, leading to a steady and reliable income stream. With minimal upkeep required, the overhead costs are kept low, allowing you to maximize your return on investment. This is a rare chance to invest in a low-maintenance, high-demand asset in the heart of downtown, perfect for those looking to diversify their portfolio. Contact us today to learn more about this prime parking investment opportunity!
Presented By: Level Real Estate; 9706921310
Interior Features for 2020 Arapahoe St P37
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NNo
BasementFull
Fireplace Y/NNo
FlooringConcrete
Heating Y/NNo
General for 2020 Arapahoe St P37
AccessibilityNear Bus, Accessible Elevator Installed
Attached Garage No
Building FeaturesFreight Elevator
Business TypeIncorporated Area
Cap Rate4.08
CityDenver
Construction MaterialsWall: Block
CoolingNone
CountyDenver
DirectionsParking garages are behind a HOA maintained security gate
ElectricElectric, City of Denver
ExclusionsTenants Personal Property
Garage Y/NNo
Gross Income2100
HOANo
HeatingNone
High School DistrictDenver District 1
Land Lease Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet125
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Net Operating Income610
New ConstructionNo
Operating Expense1490
Possible UseCommercial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeSale: Commercial/Industrial
Property TypeCommercial Sale
RoofRubber
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Subdivision NameSKYLOFTS
Tax Annual Amount480
Tenant PaysDeposit
Unit NumberP37
UtilitiesElectricity Available
ViewCity
Waterfront Y/NNo
Year Built1983
ZoningRES
Exterior for 2020 Arapahoe St P37
Building Area Total125
Exterior AmenitiesLighting
FencingSecurity
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Covenants, Within City Limits
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Thank you for registering.
Are you currently working with one of these agents?
Ask A Question
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Get Pre-Approved Now!
Give yourself a better position in the competitive home buying market.
Complete the form to get started on your journey to purchase your dream home.
Our lending partner has a wide variety of lending options available and advanced mortgage technology.
As a result, our lending partner's clients enjoy a flawless experience through impeccable execution and timely communication throughout the process.