Price

$455,000

Sqft

665.00

Baths

1

Beds

1

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Description

Turnkey Investment in the Glass House – Denver’s Premier High-Rise

Own a performing asset in one of Denver’s most desirable buildings. This fully furnished 1-bedroom-ish, 1-bath condo in the Glass House comes with a long-term tenant in place at $2,400/month through 12/31/2025, with renewal interest expressed. Investors can step directly into stable income with no vacancy risk.

Located on the amenity-rich 8th floor, this property provides direct access to the pool deck, fire pit, grills, lounges, business center, and fitness center. The unit features stainless appliances, granite counters, hardwood flooring, an office nook, a large balcony, in-unit laundry, and a deeded parking space in the secured garage.

The Glass House remains a top rental destination with 24-hour security, concierge, coffee bar, and proximity to Union Station, LoDo dining, and Commons Park. With a Walk Score of 85 and unmatched community amenities, tenant demand is consistently strong.

This offering is ideal for investors seeking a stabilized asset with upside in both rent appreciation and long-term value growth in Denver’s Riverfront Park neighborhood.

Investor Numbers: List Price: $455,000; Current Rent: $2,400/month = $28,800/year; HOA: $495.94/month = $5,951/year;
Taxes: $2,467/year; Insurance (est.): $400/year (condo, since master policy covers building); Total Operating Expenses (excl. financing): ˜ $8,818/year; Net Operating Income (NOI): $28,800 – $8,818 = $19,982/year
Cap Rate: $19,982 ÷ $455,000 ˜ 4.4%

Virtual Tour / Video

Property Level and Sizes

Lot Features Elevator, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, No Stairs, Open Floorplan, Wired for Data
Common Walls 2+ Common Walls

Interior Details

Interior Features Elevator, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, No Stairs, Open Floorplan, Wired for Data
Appliances Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Laundry Features In Unit
Electric Central Air
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Forced Air
Utilities Electricity Connected, Internet Access (Wired), Natural Gas Connected

Exterior Details

Exterior Features Barbecue, Elevator, Fire Pit, Garden, Gas Grill, Lighting
Water Public
Sewer Public Sewer

Land Details

Road Frontage Public
Road Responsibility Public Maintained Road
Road Surface Type Paved

Garage & Parking

Parking Features Concrete, Heated Garage, Insulated Garage, Lighted, Underground

Exterior Construction

Roof Rolled/Hot Mop
Construction Materials Brick, Concrete, Frame
Window Features Double Pane Windows
Security Features 24 Hour Security, Carbon Monoxide Detector(s), Key Card Entry, Secured Garage/Parking, Security Entrance
Builder Source Public Records

Financial Details

Previous Year Tax 2467.00
Tax Year 2024
Primary HOA Name East West Urban MGMT
Primary HOA Phone 720-904-6904
Primary HOA Amenities Bike Storage, Business Center, Clubhouse, Concierge, Elevator(s), Fitness Center, Front Desk, Garden Area, On Site Management, Parking, Pool, Security
Primary HOA Fees Included Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Security, Sewer, Snow Removal, Trash
Primary HOA Fees 495.94
Primary HOA Freq. Monthly

Schools

Elementary School Greenlee
Middle School Strive Westwood
High School West

  Location

  Schools

Elementary SchoolGreenlee
Middle SchoolStrive Westwood
High SchoolWest

  Walk Score®

Contact Me

Kelly Hughes

Kelly Hughes

RE/MAX Professionals

About Me & My Skills

Kelly and her family have lived in Elbert and Douglas counties for over 31 years and love to call Colorado home. Kelly enjoys her real estate career immensely as it is a great opportunity to HELP people realize their DREAMS! Loving the career, is a good thing!

Clients are, most times, making some of the biggest decisions of their lives when it comes to real estate, and someone must be there for them 24/7! It is very important to have a real estate broker who has vast knowledge and connections to make your transaction the BEST EXPERIENCE! I would love to work for YOU and YOUR Family!

Kelly is a current RE/MAX Professionals has developed and sold four RE/MAX Brokerages and has had over the years many great Associates and staff working with her. She has been Director, Vice-President of the Douglas Elbert Board of Realtors and, subsequently as President.

She has trained hundreds of new agents and has supported their success!

Loves her clients and guides them through all types of real estate transactions!

Call Kelly!!!

My History

Kelly was also awarded 2004 Broker of the Year by DERA, as well as Broker/Owner of the year by RE/MAX Mountain States Region. Kelly has been featured in USA Today for her achievements in real estate. Let Kelly put this experience to work for you or if you just have a question, give her a call.

My Video Introduction

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