Address
630 E 16th Avenue, Denver, CO
Price
$ 5,750,000
Property Attributes
- MLS#8986813
- TypeCommercial
- Listing Status Active
- CountyDENVER
- CityDenver
- Zip80203
- StyleMid Rise (4-7)
- Year Built1907
- Taxes$ 29764
- Price$ 5,750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage15105
- Lot Size0.14 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Executive Summary - The Essex Apartments offer a rare opportunity to acquire a fully renovated, turn-key 20-unit landmark designated community in Denver’s highly desirable Uptown / Capitol Hill neighborhood. Originally constructed in 1907 and thoughtfully modernized in 2018, the property seamlessly combines historic architectural character with high-quality interior finishes, creating a distinctive and elevated living environment. Select units feature private patios/balconies and in-unit washers and dryers, further enhancing the resident experience and supporting premium rental positioning. The asset benefits from its boutique scale, updated building systems, and irreplaceable charm—positioning it well within a supply-constrained submarket known for strong renter demand and consistent rent growth. With its prime location and unique historic appeal, The Essex represents a compelling, low-maintenance investment opportunity with long-term upside. HISTORICAL LANDMARK TROPHY ASSET IN CAPITOL HILL. FULLY GUTTED DOWN TO THE STUDS IN 2018. UNIQUE UNIT MIX WITH LARGE STUDIOS, ONE AND TWO BEDROOM UNITS. UPDATED UNITS WITH HIGH END FINISHES. IN UNIT WASHERS AND DRYERS. WALKABLE ACCESS TO PARKS, DINING, SHOPS AND ENTERTAINMENT. PRIVATE BALCONIES FOR SELECT UNITS.
| Price History | |
|---|---|
| 8/5/2026 | Listed $5,750,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Zoning | G-RO-3 |
| Construction Materials | Brick |
| Exclusions | Tenant's personal property |
| Year Built | 1907 |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| Current Use | Multi-Family |
| Gross Income | 465586 |
| Building Name | The Essex Apartments |
| County | Denver |
| Operating Expense | 170676 |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Status | Active |
| City | Denver |
| Number Of Units Total | 20 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6250 |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 29764 |
| Structure Type | Mid Rise (4-7) |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Cap Rate | 5.13 |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 6250 |
| Building Area Total | 15105 |
| Lot Size Acres | 0.14 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 80203
Price
Taxes
Year Built
Visits
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