63 S 22nd Ave Unit A1-B8 Brighton, CO 80601
Property details
About 63 S 22nd Ave Unit A1-B8
Located just off Highway 7, 63 South 22nd Avenue, Buildings A & B offers a prime 16-unit multifamily investment with easy access to Denver, the metro suburbs, and Denver International Airport. This 14,608-square-foot garden-style complex consists of two 8-unit buildings with fourteen 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, totaling 30 bedrooms and 16 bathrooms. Dedicated off-street parking ensures convenience for tenants. Each unit has independent gas and electric meters, forced-air furnaces, and gas water heaters. The owner currently pays water, sewer, and trash, while tenants cover gas and electricity. The property generates $285,960 in gross rental income and a net operating income (NOI) of $192,974, with additional upside through utility reimbursements and further operational efficiencies. A comprehensive capital improvement plan has been completed, with 13 of 16 units fully renovated in the last two years. Recent upgrades include new roofs, fresh exterior paint, newer furnaces, hot water heaters, and rooftop A/C units for second-floor units. Newer (less than two years old) coin-operated laundry machines in each building help offset expenses. Further value-add opportunities remain, including resurfacing the parking lot, modernizing common areas, completing the final two unit renovations, and implementing a RUBS program to recapture owner-paid utilities. Located in a high-growth submarket, the property is within three miles of major retail, recreation, and employment hubs, including Barr Lake State Park, Prairie Center Shopping Center, Platte Valley Medical Center, and multiple schools. With turnkey operational stability, strong tenant demand, and additional value-add potential, this is a rare investment opportunity in Brighton's expanding multifamily market. Contact us today for the full Offering Memorandum (OM) and financial details.
Highlights
Summary
- MLS Number: 1030190
- MLS Name: IRES MLS
- Office Name: The Station Real Estate
- Office Phone: (970) 219-7096
- Listing Agent: Nicholas Bukowski
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Last updated on: 4/7/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,075,000
63 S 22nd Ave Unit A1-B8
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Price information
Property sales
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Tax history
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Nearby schools
3
Southeast Elementary School
Public District PK-5
0.5 mi
•1595 E Southern St
4
Northeast Elementary School
Public District PK-5
0.6 mi
•1605 Longs Peak St
4
Mary E Pennock Elementary School
Public District PK-5
1.0 mi
•3707 Estrella St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,598. Residents of Brighton, CO typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
PGA/LPGA
Horse Races
Figure Skating
Where do the neighbors shop?
Chico's
Stein Mart
Ross Dress For Less
Where do the neighbors go to eat?
Cracker Barrel
LongHorn Steakhouse
Bob Evans
What do the neighbors drive?
Buick
Oldsmobile
Acura
What do the neighbors listen to?
Soft Adult Contemporary
Contemporary Inspirational
News
Frequently asked questions
About 63 S 22nd Ave Unit A1-B8
This home is located at 63 S 22nd Ave Unit A1-B8 in Brighton, CO and zip code 80601. Features: 30 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $3,075,000.
In March 2025 more than 26 listings in Brighton, CO were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 32 were sold below. The inventory of homes for sale in Brighton, CO between February and March 2025 increased by 18%. While the average time on the market in March 2025 was 65 days, the median list price was $530,748.