Berkeley Gardens Homes with Walk-Out Access Basement

Berkeley Gardens Homes with Walk-Out Access Basement

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Newest Berkeley Gardens Homes with Walk-Out Access Basement

$2,175,000
11 Beds 7 Baths 7212878 MLS
Exceptional 1031 Exchange Opportunity! Step into this hassle-free investment or add it to your portfolio and take advantage of additional upside by self-managing, through dynamic pricing optimization or by mixing nightly stays with longer stays from the consistent University demand to reduce costs. Because the STR rights are grandfathered in and the area serves the Regis University community you'll have multiple exit opportunities as the property is still classified as four townhomes and can be sold off separately at a later date. These seven fully furnished rental units have seasoned income. The Airbnb Superhost status, review history, and an active booking pipeline are negotiable. Completely renovated in 2022, this nicely appointed and professionally managed property eliminates myriad deferred maintenance concerns and provides stable, proven revenue streams and is offered at an attractive 8.99 GIM (5.84% capitalization rate) on 2025 actual income. 5333 Osceola sits on a quiet dead-end street in the Berkeley Heights neighborhood. This area has seen numerous home reinvestments, new businesses and new townhomes built in recent years offering guests a neighborhood experience in close proximity to Regis University and popular neighborhoods like Tennyson, Highlands and Sloans Lake. It affords easy access to Denver and its neighboring communities to the north and west including Boulder by way of Federal Blvd, Sheridan Blvd, I-70 and I-76 and is just 30 minutes from the Mountain communities and DEN. These well appointed units offer a Northwest central submarket location with few hotel alternatives giving guests a high value experience for less money in a grossly underserved area with a Denver address for ease of bookings.

5333 N Osceola Street, Denver

Courtesy of Keller Williams Realty Urban Elite . win@kcredenver.com,303-376-6333

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