1280 Race Street, Denver, CO listed at $875,000

Date: 7/19/23

***Capital Property Group is pleased to announce the sale of 1280 Race Street, Denver, CO listed at $875,000, represented by Scott Whitfield and Paul Hanson.***

Denver, Colorado  — This four-unit Victorian property is located in highly desirable Congress Park neighborhood and is only a few blocks away from one of Denver’s premier parks.

The property boasts one studio, two one-bedroom units and a two-bedroom unit.

The property features off-street parking, a fenced front and back yard, and updated units interior in select units. The walkability of this property is unmatched!

Please reach out to the listing agent for the full marketing package.


Price $875,000
Price Per Unit $218,750
Sale Type Investment
Cap Rate 5.60%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.07 AC
Building Size 2,867 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1894/2018
Parking Ratio 1.05/1,000 SF
scott whitfield

Principal of Sales

Mr. Whitfield, a Colorado Native, has vast experience in commercial sales, as well as real estate development. He began his career in Denver with a real estate investment firm, where he specialized in sophisticated, large-scale transactions involving institutional investors, pension funds, and large-scale private equity firms. Mr. Whitfield was involved in the development of several noteworthy commercial and residential properties throughout the Denver Metro Area.

paul hanson

Investment Advisor

Paul Hanson, an Investment advisor with Capital Property Group, is a Colorado native who specializes in multifamily sales throughout the state. Before joining Capital Property Group, Paul worked as an investment associate at a national real estate investment firm where his primary responsibilities included arranging the sale of numerous multifamily assets throughout the Denver Metro area, assisting in the production of offering memorandums, performing underwriting analysis for all asset classes, and staying up to date with the local and national real estate market. Here at Capital Property Group, his focus remains the same while Paul continues to originate new clients as well as maintain existing relationships.

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