Off-Market Condo at 1901 Wazee St, Denver, CO 80202
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Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $169 per day and long-term for an average of $2,958 per month, based on similar listings in the area. Estimated short-term cap rate of -2.5%. Estimated long-term cap rate of -4.1%. Discover the pinnacle of modern living at 1901 Wazee Street, Unit 807 in Denver, CO. Situated in the highly sought-after McGregor Square Residences, this brand-new, never-before-sold unit defines luxury condo living in the heart of Downtown Denver. With a generous 913 square feet, this contemporary home features a spacious bedroom and two beautifully designed bathrooms. The open floor plan highlights a sophisticated island kitchen, complete with premium Wolf and Sub-Zero appliances, making it perfect for both casual meals and entertaining. The eat-in kitchen design adds an element of convenience and style. Step onto your private balcony to enjoy stunning panoramic views of the cityscape. The primary bedroom offers a serene escape with its expansive city views and a luxurious five-piece bathroom for ultimate comfort. Residents of this exclusive community benefit from a wide range of top-tier amenities, including a rooftop pool and spa, a state-of-the-art gym, private concierge services, and more. With its unbeatable location and extraordinary amenities, this unit offers a unique opportunity to enjoy the finest Denver has to offer.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$894
Rental Policy
daily
Yearly Taxes
$7365
Bedrooms
1
Bathrooms
2
SQFT
992
Furnished
N/A
Year built
2020
Listing Status
Off Market
MLS
8402556

Short-term Rental Potential
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$47,136

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$756

Price/SQFT

Long-term Rental Potential
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$35,496

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,958/mo

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