• Attractive 2 Bdrm Floorplans• 1:1 Off-Street Parking• Newer Roof and Vinyl

Windows• Convenient to Downtown• Three Blocks from Light Rail

Station• Surrounded by Redevelopment

in the Neighborhood• Currently Self-Managed• 15,600 sqft Lot Zoned G-MU-5

Investment Highlights:

Conner PirettiGreg Johnson &

West Denver Apartments1230 Winona Ct.

Denver, CO 80204

$1,900,000

303-482-2878 303-818-1805

* Adjacent 6,250 sqft lot is also available.Contact us for additional details.

Price: $1,900,000 # Units Unit Type Avg SqFt Avg Current Rent Avg Market RentPrice/Unit: $172,727 1 Studio 350 $500 $700Price/SqFt (net): $215.40 10 2Br/1Ba 688 $1,050 $1,160

Loan Amount: $1,235,000 INCOME Current Market

Down Payment: $665,000 Gross Annual Rent: $132,000 $147,600

Interest Rate: 4.13% Utility Billback: $0 $0

Monthly Payment: $5,985 Vacancy Allowance (3%): ($3,960) ($4,428)

Net Rental Income: $128,040 $143,172

Other Income: $1,000 $1,000

Units: 11 Effective Gross Income: $129,040 $144,172Year Built: 1973

Zoning: G-MU-5 EXPENSES Current Market

Net Apt Size (SqFt): 7,233 Taxes $5,956 $5,956

Lot Size (SqFt): 15,600 Insurance $2,430 $2,430

Roof: 3 years old Utilities $9,208 $9,208

Heat: Central Boiler Repairs & Maintenance $6,220 $6,220

Parking Spaces: 11 off-street Management $5,500 $11,534

Total Expenses: $29,314 $35,348Expense/Unit: $2,665 $3,213

Net Operating Income (NOI) $99,726 $108,824

Current Market

NOI: $99,726 $108,824

Projected Debt Service: ($71,825) ($71,825)

Before Tax Cash Flow: $27,501 $36,599

CAP Rate: 5.2% 5.7%

Cash-on-Cash Return: 4.1% 5.5%

Principle Reduction (yr. 1): $21,281 $21,281

Total Return: 7.3% 8.7%

FINANCIAL ANALYSIS

INVESTMENT SUMMARY UNIT MIX AND AVERAGE RENT SCHEDULE

PROPOSED FINANCING OPERATING DATA

PROPERTY DESCRIPTION

Calibrate Real Estate1230 Winona Ct.

Financial Overview:

Interior Photos

Calibrate Real Estate1230 Winona Ct.

Calibrate Real Estate1230 Winona Ct.

• Attractive West Denver Location near Sloan’s Lake

• Blocks Away from Light Rail Station

Location Highlights

• Just Minutes from Downtown• Neighborhood is Exploding with

Construction, Redevelopment & New Businesses