636 Quitman St Denver, CO 80219

Listing details for 636 Quitman St, Denver, CO 80219 : Marcus & Millichap is pleased to present the exclusive listing for 636 S Quitman St, a 14-unit multifamily property located in the heart of West Denver. This attractive, cottage-style asset offers investors a rare opportunity to acquire a high-yielding property with strong in-place cash flow and additional upside through continued rent growth. The property is offered at $1,750,000, representing a 6.41% cap rate with the ability to achieve a 6.67% Year 1 cap rate. Investors will benefit from an 7.93% cash-on-cash return and a low basis of approximately $125,000 per unit, well below replacement cost.