Brighton, CO 80601 63 S 22nd Ave A1-B8

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Presented By: The Station Real Estate; 9702197096
  • MLS# 1030190
  • 04/03/2025
  • Request Tour
  • Request Info
  • Beds • 30
  • Baths • 16
  • SQFT • 14,608

Home Details

Located just off Highway 7, 63 South 22nd Avenue, Buildings A & B offers a prime 16-unit multifamily investment with easy access to Denver, the metro suburbs, and Denver International Airport. This 14,608-square-foot garden-style complex consists of two 8-unit buildings with fourteen 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, totaling 30 bedrooms and 16 bathrooms. Dedicated off-street parking ensures convenience for tenants. Each unit has independent gas and electric meters, forced-air furnaces, and gas water heaters. The owner currently pays water, sewer, and trash, while tenants cover gas and electricity. The property generates $296,580 in gross rental income and a net operating income (NOI) of $209,158, with additional upside through utility reimbursements and further operational efficiencies. A comprehensive capital improvement plan has been completed, with 14 of 16 units fully renovated in the last two years. Recent upgrades include new roofs, fresh exterior paint, newer furnaces, hot water heaters, and rooftop A/C units for second-floor units. Newer (less than two years old) coin-operated laundry machines in each building help offset expenses. Further value-add opportunities remain, including resurfacing the parking lot, modernizing common areas, completing the final two unit renovations, and implementing a RUBS program to recapture owner-paid utilities. Located in a high-growth submarket, the property is within three miles of major retail, recreation, and employment hubs, including Barr Lake State Park, Prairie Center Shopping Center, Platte Valley Medical Center, and multiple schools. With turnkey operational stability, strong tenant demand, and additional value-add potential, this is a rare investment opportunity in Brighton's expanding multifamily market. Contact us today for the full Offering Memorandum (OM) and financial details.
Presented By: The Station Real Estate; 9702197096

Interior Features for 63 S 22nd Ave A1-B8

Bedrooms

Total Bedrooms30

Bathrooms

Total Baths16

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementNone, Partially Finished
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesEat-in Kitchen, Open Floorplan, Walk-In Closet(s)
Window FeaturesWindow Coverings

General for 63 S 22nd Ave A1-B8

AccessibilityLevel Lot, Level Drive
AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Architectural StyleRaised Ranch
Attached Garage No
Cap Rate6.97
CityBrighton
Construction MaterialsWood/Frame, Brick/Brick Veneer, Wood Siding
CoolingCeiling Fan(s)
CountyAdams
ElectricElectric, Separate Meter Electricity, Xcel
Elementary SchoolSoutheast
ExclusionsTenant's personal property.
Facing DirectionEast
Garage Y/NNo
Gas Y/NNatural Gas, Separate Meter Gas, United Power
Gross Income299460
HOANo
HeatingForced Air
High SchoolBrighton
High School DistrictBrighton Dist 27J
Land Lease Y/NNo
LevelsOne and One Half, Raised Ranch
Living Area UnitsSquare Feet
Lot Size Square Feet38681
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolVikan, Walter L.
Net Operating Income209158
New ConstructionNo
Number Of Units Total16
Operating Expense90302
Patio/Porch FeaturesPatio
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories Count1.5
Structure TypeLegal Conforming
Subdivision NameFulton Village South
Tax Annual Amount20082
Tax Year2024
Tenant PaysDeposit, Gas, Electricity
Unit NumberA1-B8
UtilitiesNatural Gas Available, Electricity Available, Cable Available
ViewCity
Year Built1980
ZoningMulti Unit

Exterior for 63 S 22nd Ave A1-B8

FencingPartial, Wood
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level
Lot Size Acres0.89
Lot Size Area38681
Other ParkingParking Per Unit(1 Space/Unit)
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City of Brighton
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Brighton High School
Middle School Walter L. Middle School
Elementary School Southeast Elementary School

Jon Holsten

Price $3,000,000
MLS#1030190
List Date 04/03/2025
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
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