982 S Sheridan Blvd Boulevard, Denver, CO 80226

• 7,500 sqft

Property Description

982 S Sheridan Blvd is a fully renovated, stabilized multifamily investment located in the desirable West Denver submarket. The property offers investors a compelling combination of strong in-place income, immediate upside through rent normalization, and additional NOI growth through utility reimbursement implementation. With all major renovations completed, the asset is positioned as a low-risk, turnkey acquisition with predictable operations and limited ongoing capital requirements. Several in-place leases remain below market, allowing a new owner to enhance returns through natural lease turnover rather than speculative value-add strategies. Additionally, individual metering for gas and electricity provides a straightforward opportunity to improve expense recoveries and increase net operating income. 982 S Sheridan Blvd represents an attractive opportunity for investors seeking a stabilized multifamily asset with multiple day-one income growth levers, durable tenant demand, and long-term appreciation supported by Denver’s strong market fundamentals.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 7:20PM

Listing Office:

Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. : 303-328-2050

Listing Agent:

Clayton Primm : 303-328-2075

MLS ID:

8100300

Exterior

• Parking: Parking spaces: 0

Location

• Originating MLS: recolorado
• County: Denver

Lot

• Zoning: E-TU-CT4 R68 S18 SW/4 DIF BOOK 0327-580 EXC WLY 10FT FOR ROWSHERIDAN BLVD5183-00-882
• Current Use: Multi-Family

Utilities

• Sewer: Community Sewer

Financial

• Source: recolorado
• Exclusions: n/a