Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$210,000

For Sale - Active
8060 E Girard Ave Apt 712, Denver, CO 80231
2 Beds
2 Baths
1,050 Square Feet
0.00 Acres Lot
Built in 1974
For Sale - Active
1 Units
Checked: 17 hours ago
Updated: May 20, 2025 at 11:54AM

Investment Summary


Monthly Cash Flow
-$574
Cap Rate
2.4%
Cash-on-Cash Return
-14.3%
Debt Coverage Ratio
0.42
Internal Rate of Return (5 years)
-9.8%

Property Description


0.00 Acres Lot
Built in 1974
For Sale - Active
1 Units

Views, Views, Views!!!!! Welcome to this spacious 2-bedroom, 2-bathroom southwest corner unit in the popular Hampden East III Condos, offering 1,050 square feet of comfortable living, stunning views, and fantastic amenities right at your doorstep. Step inside to find a welcoming, bright, and open layout, with large windows that flood the home with natural light. The living area flows seamlessly to the dining space and galley-style kitchen—perfect for easy everyday living. Both bedrooms are generously sized with excellent closet space, including hallway and linen closets for added storage. The primary suite features a four-door mirrored closet, private access to the balcony, and a private full bathroom. The second bedroom is bright and versatile, with a full wall closet, and sits across from the 3/4 guest bathroom, shower updated in 2018. A standout feature is the private, oversized tiled balcony, accessible from both the living room and the primary bedroom. With space for a chaise lounge, patio set, electric grill, and even an HOA-approved storage cabinet (not included), it’s the perfect place to enjoy views of Pike’s Peak and the Front Range—whether you're sipping coffee or watching the sunset. As part of Hampden East III, residents enjoy an impressive list of amenities including a fitness center, indoor pool and hot tub, sauna, two pool tables, meeting room, common laundry, secured entrance, on-site management and trash chutes on every floor. Enjoy quick access to I-25, I-225, the Denver Tech Center, Light Rail, grocery stores, dining, parks, and bike trails. With community improvements underway—lobby upgrades, concrete repairs, and carpet cleaning—it’s the perfect time to invest in both home and neighborhood. The current owner has proudly lived in the building for 35 years and waited patiently—moving twice—until this unit became available. Now, with heartfelt appreciation, they’re ready for the next chapter, and this special home is ready for its next owner.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 7
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Brick

HOA

  • Has HOA: Yes
  • Association: Weststar
  • HOA Fee: $788/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Condominium Unit

Lot Information

  • Parcel ID: 0633305126126
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Year Built: 1974

Tax Information

  • Annual Tax: $413

Utilities

  • Water & Sewer: Public
  • Heating: Forced Air
  • Cooling: Central Air

Location

  • County: Denver

Listing Details


Listed by:
Gifford Dudley
Coldwell Banker Realty 24
(303) 356-3947

Source:
REColorado
MLS#: 6765689
REColorado

Investment Summary


Monthly Cash Flow
-$574
Cap Rate
2.4%
Cash-on-Cash Return
-14.3%
Debt Coverage Ratio
0.42
Internal Rate of Return (5 years)
-9.8%

Purchase Details

Find an Agent

Purchase price:
$210,000
Amount financed:
-$168,000
Down payment:
$42,000
Closing costs:
$6,300
Rehab costs:
$0
Initial cash invested:
$48,300
Square feet:
1,050
Cost per square foot:
$200
Monthly rent per square foot:
$1.71

Financing Details

Find a Lender

Loan amount:
$168,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$994
Property tax:
$34
Insurance:
$126
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,154

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,800 $21,600
Vacancy loss: (6%)
6% -$108 -$1,296
Operating income:
$1,692 $20,304

Operating Expenses


% Rent Monthly Yearly
Property taxes: (2%)
2%-$34-$413
Insurance: (7%)
7%-$126-$1,512
Property management: (8%)
8%-$144-$1,728
Repairs & maintenance: (5%)
5%-$90-$1,080
Capital expenditures: (5%)
5%-$90-$1,080
HOA fees: (44%)
44%-$788-$9,456
Total operating expenses: (71%)
71%-$1,272-$15,269

Cash Flow


Monthly Yearly
Net operating income:
$420 $5,040
Mortgage payments:
-$994 -$11,928
Cash flow:
$574 $6,888