$3,075,000

63 S 22nd Ave Unit A1-B8 Brighton, CO 80601

Estimated payment $18,970/month

Total Views 2,100
30 Beds
16 Baths
14,608 Sq Ft
$211 Price per Sq Ft

Highlights

  • City View
  • Raised Ranch Architecture
  • Eat-In Kitchen
  • Open Floorplan
  • No HOA
  • Brick Veneer

About This Home

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 Agent

Nick Bukowski

The Station Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,082

Year Built

  • Built in 1980

Lot Details

  • 0.89 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Raised Ranch Architecture
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 14,608 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • City Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 30 Bedrooms
  • Walk-In Closet
  • 16 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Southeast Elementary School
  • Vikan Middle School
  • Brighton High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R0005329

Community Details

Overview

  • No Home Owners Association
  • 16 Units
  • Fulton Village South Subdivision

Building Details

  • Gross Income $288,840
  • Net Operating Income $192,974

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,082

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Year Built: 1980
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.89
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Fulton Village South
  • Architectural Style: Raised Ranch
  • Unit Levels: One and One Half, Raised Ranch
  • New Construction: No
  • Structure Type: Legal Conforming
  • Special Features: None
  • Stories: 0

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Accessibility Features: Level Lot, Level Drive
  • Has Basement: None, Partially Finished
  • Total Bedrooms: 30
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric, Separate Meter Electricity, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Brighton
  • Gas Company: Natural Gas, Separate Meter Gas, United Power

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Southeast
  • HighSchool: Brighton
  • Junior High Dist: Brighton Dist 27J
  • Middle Or Junior School: Vikan, Walter L.

Lot Info

  • Zoning: Multi Unit
  • Lot Size Sq Ft: 38681
  • Parcel #: R0005329
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 22082

Multi Family

  • Number Of Units Total: 16
  • Annual Gross Income: 288840
  • Income Includes: ["Lease/Rents","Laundry"]
  • Annual Operating Expense: 95866

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 For Sale $3,075,000 -- $211 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1030190

IRES MLS

Colorado Adams County Brighton 80601

63 S 22nd Ave Unit A1-B8, Brighton, CO

Homes for Sale in Brighton, CO

This home is located at 63 S 22nd Ave Unit A1-B8, Brighton, CO 80601 and is currently priced at $3,075,000, approximately $210 per square foot. This property was built in 1980. 63 S 22nd Ave Unit A1-B8 is a home located in Adams County with nearby schools including Southeast Elementary School, Vikan Middle School, and Brighton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

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.

Nick Bukowski
Listing Agent
Nick Bukowski
Section Image
The Station Real Estate
(720) 502-9209