Multifamily Housing
10 South Sherman Street Denver, CO 80209
Details & Description
Price: $8,020,000
    10 S. Sherman is 35 unit property located in the highly desirable West Washington Park neighborhood. The location is also very walkable to restaurants, shops, and entertainment with a walk score of 94! The property is in great condition with recent large capital expenditures including new windows, exterior stairs and landings completed in 2020 and the roof was replaced in 2014. The majority of the units are in average to above average condition with a spacious layout. This property is unique compared to many of the competing apartment buildings in this area with almost 1 to 1 parking, and 10 of the units being 2 bedrooms. This asset will continue to perform at a high level and historically has low vacancy.HighlightsNew Windows installed in 2020New Stairs and landings installed in 202033 parking spaces in an area where parking is a premiumGreat unit mix of 1 bedrooms, 2 bedrooms and one StudioHighly desirable location for tenants and investorsProfessionally managed by Cornerstone Apartment Services
    Listing Agents
    Kevin Calame

    O: 720-738-1939
    M: 303-263-6260
    Kevin@NorthPeakCRE.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    10 South Sherman Street

    Denver, CO 80209

    Listing ID: 222007
    • 10 South Sherman Street Denver, CO 80209 | for Sale | Photo 1
    • 10 South Sherman Street Denver, CO 80209 | for Sale | Photo 2
    • 10 South Sherman Street Denver, CO 80209 | for Sale | Photo 3
    10 South Sherman Street | for Sale | Thumbnail 1
    10 South Sherman Street | for Sale | Thumbnail 2
    10 South Sherman Street | for Sale | Thumbnail 3
    Building Size: 20,892 SF
    Lot Size: 0.294 AC
    Land Size: 12,797 SF
    Building $/SF: $383.88
    Land $/SF: $626.71
    Price
    $8,020,000
    Description

    10 S. Sherman is 35 unit property located in the highly desirable West Washington Park neighborhood. The location is also very walkable to restaurants, shops, and entertainment with a walk score of 94! The property is in great condition with recent large capital expenditures including new windows, exterior stairs and landings completed in 2020 and the roof was replaced in 2014. The majority of the units are in average to above average condition with a spacious layout. This property is unique compared to many of the competing apartment buildings in this area with almost 1 to 1 parking, and 10 of the units being 2 bedrooms. This asset will continue to perform at a high level and historically has low vacancy.

    Highlights

    New Windows installed in 2020

    New Stairs and landings installed in 2020

    33 parking spaces in an area where parking is a premium

    Great unit mix of 1 bedrooms, 2 bedrooms and one Studio

    Highly desirable location for tenants and investors

    Professionally managed by Cornerstone Apartment Services

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Denver History of Multifamily Housing for Sale

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    Denver Area Market Trends

    Listing Demographics for 10 South Sherman Street Denver, CO 80209

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population28,790218,102538,659
    Population Median Age393737
    Population by Age0-9 Yrs1688 (5%)19058 (8%)57800 (10%)
    10-19 Yrs1021 (3%)16345 (7%)49478 (9%)
    20-29 Yrs6918 (24%)48384 (22%)103367 (19%)
    30-39 Yrs8088 (28%)49170 (22%)111474 (20%)
    40-49 Yrs3486 (12%)27348 (12%)69200 (12%)
    50-59 Yrs2895 (10%)22447 (10%)56073 (10%)
    60-69 Yrs2874 (9%)20510 (9%)49415 (9%)
    70+ Yrs1820 (6%)14840 (6%)41850 (7%)
    Median HH Income$72,225$67,602$67,081
    Total Household Income< 24K2209 (13%)20719 (19%)45160 (18%)
    25-49K3289 (20%)19624 (18%)46043 (19%)
    50-74K3011 (18%)18322 (16%)41133 (17%)
    75-99K2200 (13%)12148 (11%)28178 (11%)
    100-199K4034 (24%)24400 (22%)55350 (22%)
    200K+1620 (9%)12698 (11%)25505 (10%)
    Highest Education LevelNo Diploma9631592145134
    Diploma or GED21142260764567
    Some College33442344062200
    Assoc. Degree985744319656
    Bachelors Degree1056759725125897
    Higher Degree64083928679284
    Total Housing Units17,522117,552259,369
    --Owner-Occupied6,19942,792111,350
    --Renter-Occupied10,16465,121130,019
    Owner-Occupied Values< 100K888732893
    100-199K29437729687
    200-299K910660018902
    300-399K1007662420679
    400-499K1280573517360
    500K+26211918841829
    Total Working Age Population26,589190,138451,349
    In Work Force21,414143,047329,747
    Not In Work Force5,17447,091121,602
    Workforce Employed20,673137,428316,487
    Workforce Unemployed7265,55213,061
    Civlian Workforce21,399142,980329,549
    Military Workforce1567198
    Total Households16,363107,913241,369
    Family Households4,50339,815107,967
    Non-Family Households11,86068,099133,402
    Married Couple3,62029,68376,553
    Other Family88410,13131,414
    Married w/Child1,15210,70631,238
    Single Male w/Child1871,6014,304
    Single Female w/Child1973,42511,067

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Colorado4,301,261+175,029,196+165,838,181+156,733,658
    Adams County363,857+21441,603+20530,680+21642,318
    Arapahoe County487,967+17572,003+16662,304+13750,773
    Denver County554,636+8600,158+23738,611+12827,681
    Jefferson County527,056+1534,543+10587,118+7626,742

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 10 South Sherman Street in Denver?
    The asking price for 10 South Sherman Street is $8,020,000
    What is the building size of this Multifamily property in Denver, CO?
    The size of the building/unit at 10 South Sherman Street in Denver is 20,892 square feet
    How much land does the Denver, CO property at 10 South Sherman Street include?
    10 South Sherman Street in Denver includes 0.294 acres of land
    What is the population within 1 mile of 10 South Sherman Street in Denver?
    The population within 1 mile of 10 South Sherman Street Denver, CO 80209 is 28,790 people.
    Who do I contact for questions about 10 South Sherman Street?
    You should contact the listing agent, Kevin Calame, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Denver International Airport (DEN) 19
    Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 335
    Rick Husband Amarillo International Airport (AMA) 359
    Price
    $8,020,000
    Listing Agent
    More listings from Kevin Calame
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