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.
For sale
Price cut: $75K (5/19)
$3,000,000
63 S 22nd Ave #A1-B8, Brighton, CO 80601
30beds
16baths
14,608sqft
Est.:
Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$205/sqft
$-- HOA
What's special
Fresh exterior paintNew roofsDedicated off-street parking
- 84 days
- on Zillow |
- 374 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: May 19, 2025 at 06:15am
Listed by:
Nicholas Bukowski 970-219-7096,
The Station Real Estate
Source: IRES,MLS#: 1030190

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 30
- Bathrooms: 16
Heating
- Forced Air
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Features
- Eat-in Kitchen, Open Floorplan, Walk-In Closet(s), Open Floor Plan, Walk-in Closet
- Windows: Window Coverings
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 14,608
- Total interior livable area: 14,608 sqft
Property
Parking
- Details: Parking Per Unit(1 Space/Unit)
Accessibility
- Accessibility features: Level Lot, Level Drive
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Patio
- Fencing: Partial,Wood
- Has view: Yes
- View description: City
Lot
- Size: 0.89 Acres
- Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level
Details
- Parcel number: R0005329
- Zoning: Multi Unit
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Raised Ranch
- Property subtype: Multi Family
Materials
- Wood/Frame, Brick, Wood Siding
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1980
Utilities & green energy
- Electric: Electric, Separate Meter Electricity, Xcel
- Gas: Natural Gas, Separate Meter Gas, United Power
- Sewer: City Sewer
- Water: City Water, City of Brighton
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Trash: Waste Solutions
Community & HOA
Community
- Subdivision: Fulton Village South
HOA
- Has HOA: No
Location
- Region: Brighton
Financial & listing details
- Price per square foot: $205/sqft
- Annual tax amount: $22,082
- Date on market: 4/3/2025
- Listing terms: Cash,Conventional,1031 Exchange
- Exclusions: Tenant's Personal Property.
- Total actual rent: 2688
- Tenant pays: Deposit, Gas, Electricity
- Income includes: Lease/Rents, Laundry
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
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