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63 S 22nd Ave Unit A1-B8

Brighton, CO 80601

30 beds
16 baths
– sqft
~1 acre lot
1980 build
– on site

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.

Listing courtesy of IRES

Last checked: Checking… • Last updated Apr 4, 2025 •

MLS# 1030190 —

The Building

Year Built:

1980
New Construction:

false
Construction Materials:

Wood/Frame
Architectural Style:

Raised Ranch
Structure Type:

Legal Conforming
Total SqFt:

14608
Roof:

Composition
Levels:

One and One Half
Stories:

1.5
# of Units Total:

16
Unit Number:

A1-B8
Basement:

None
Direction Faces:

East
Window Features:

Window Coverings
Patio And Porch Features:

Patio
Accessibility Features:

Level Lot

Interior

Interior Features:

Eat-in Kitchen
Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area Units:

Square Feet
Living Area Source:

Assessor

Financial & Terms

Listing Terms:

Cash
Tenant Pays:

Deposit

Location

Coordinates:

-104.79503, 39.98561
Latitude:

39.98561
Longitude:

-104.79503

The Property

Property Type:

Residential Income
Property Subtype:

Income Property
Parcel Number:

R0005329
Lot Features:

Curbs
Lot Size Acres:

0.89
Lot Size SqFt:

38681
Lot Size Area:

38681
Lot Size Units:

Square Feet
Zoning:

Multi Unit
View:

City
Possible Use:

Multi-Family
Exclusions:

Tenant's personal property.
Horse:

false
Fencing:

Partial
Water Source:

City Water, City of Brighton
Waterfront:

false
Road Frontage Type:

City Street
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

22082

Beds

Bedrooms Total:

30

Baths

Total Baths:

16

The Listing

Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Natural Gas Available
Gas:

Natural Gas, Separate Meter Gas, United Power
Electric:

Electric, Separate Meter Electricity, Xcel
Sewer:

City Sewer

Appliances

Appliances:

Electric Range/Oven

Schools

Elementary School:

Southeast
Middle Or Junior School:

Vikan, Walter L.
High School:

Brighton
High School District:

Brighton Dist 27J

The Community

Subdivision Name:

Fulton Village South
Association:

false
HOA Transfer Fees:

No
HOA 2 Transfer Fee:

No
Spa:

false
Senior Community:

false

Parking

Other Parking:

Parking Per Unit(1 Space/Unit)

Extra Units

Bedrooms Unit 1:

2
Total Baths Unit 1:

1
Bedrooms Unit 2:

1
Total Baths Unit 2:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
4/3/25 Apr 3, 2025	Listed / Active	IRES	$3,075,000

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This multifamily located in Village Lake Townhomes, Brighton, CO 80601 is currently for sale for $3,075,000. 63 S 22nd Ave Unit A1-B8 is a – square foot multifamily with 30 beds and 16 baths that has been on Estately for 7 days. 63 S 22nd Ave Unit A1-B8 is in the Village Lake Townhomes neighborhood of Brighton and has a WalkScore® of 71, making it very walkable. This multifamily is in the attendance area of Vikan Middle School, Brighton High School, and Southeast Elementary School.

Listing Courtesy of: IRES

TERMS OF USE: listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS