630 E 16th Avenue, Denver, CO 80203

$5,750,000

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Courtesy of Pinnacle Real Estate Advisors . cknowlton@pinnaclerea.com,719-325-6087

List Price
$5,750,000
Type
Commercial
Status
ACTIVE
MLS Number
8986813
Total Sqft
15105
Year Built
1907

Property Description

Executive Summary - The Essex Apartments offer a rare opportunity to acquire a fully renovated, turn-key 20-unit landmark designated community in Denver’s highly desirable Uptown / Capitol Hill neighborhood. Originally constructed in 1907 and thoughtfully modernized in 2018, the property seamlessly combines historic architectural character with high-quality interior finishes, creating a distinctive and elevated living environment. Select units feature private patios/balconies and in-unit washers and dryers, further enhancing the resident experience and supporting premium rental positioning. The asset benefits from its boutique scale, updated building systems, and irreplaceable charm—positioning it well within a supply-constrained submarket known for strong renter demand and consistent rent growth. With its prime location and unique historic appeal, The Essex represents a compelling, low-maintenance investment opportunity with long-term upside. HISTORICAL LANDMARK TROPHY ASSET IN CAPITOL HILL. FULLY GUTTED DOWN TO THE STUDS IN 2018. UNIQUE UNIT MIX WITH LARGE STUDIOS, ONE AND TWO BEDROOM UNITS. UPDATED UNITS WITH HIGH END FINISHES. IN UNIT WASHERS AND DRYERS. WALKABLE ACCESS TO PARKS, DINING, SHOPS AND ENTERTAINMENT. PRIVATE BALCONIES FOR SELECT UNITS.

Additional Information

Taxes
$29,764
Type
Multi Family
Sewer
Public Sewer
Lot Size
6,250
Acres
0.14

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