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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$1,500,000

Est. payment - /mo

20 Beds

10 Baths

7,500 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $200

Subdivision Westwood

MLS Listing ID 6970158

Bedrooms 20

HOA Y/N No

Year Built 1956

Property Sub-Type Quadruplex

Property Description

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 982 S Sheridan Blvd, a fully renovated, stabilized multifamily investment located in the desirable West Denver submarket. The property offers investors a compelling combination of strong in-place income, immediate upside through rent normalization, and additional NOI growth through utility reimbursement implementation.

With all major renovations completed, the asset is positioned as a low-risk, turnkey acquisition with predictable operations and limited ongoing capital requirements. Several in-place leases remain below market, allowing a new owner to enhance returns through natural lease turnover rather than speculative value-add strategies. Additionally, individual metering for gas and electricity provides a straightforward opportunity to improve expense recoveries and increase net operating income.

982 S Sheridan Blvd represents an attractive opportunity for investors seeking a stabilized multifamily asset with multiple day-one income growth levers, durable tenant demand, and long-term appreciation supported by Denver's strong market fundamentals.

Location

State CO

County Denver

Zoning E-TU-C

Interior

Heating Forced Air

Cooling Central Air

Exterior

Roof Type Unknown

Private Pool No

Building

Lot Description Level

Story One

Sewer Public Sewer

Schools

School District Elementary: Denver 1, Middle/Junior: Denver 1, High: Denver 1

Others

Senior Community No

Tax ID 5183-00-882

Special Listing Condition None Known

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Listed byMarcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Schools and Properties Nearby

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

Learn more about this property

982 S Sheridan BLVD Denver, CO 80226