SAM LEGEREXECUTIVE VICEPRESIDENT

303.512.1159

sleger@uniqueprop.com

TIM FINHOLMEXECUTIVE VICEPRESIDENT

303.512.1161

tfinholm@uniqueprop.com

UNIQUE PROPERTIES400 S. BROADWAY

DENVER, CO 80209(p) 303.321.5888(f ) 303.321.5889

WWW.UNIQUEPROP.COM

5701 W 25th Ave | Edgewater, CO 80214

CONTACT:

FOR SALEThe Cummings Building

INVESTMENT SALE OPPORTUNITY | MIXED-USE

The information contained herein was obtained from sources believed reliable; however, Unique Properties makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation on this property issubmitted subject to errors, omission, changes of price, or conditions, prior to sale or lease, or withdrawal without notice.

PROPERTY HIGHLIGHTS

• C-1 zoning (limited commercial) allows for a wide range of uses,

including: retail sales, office, restaurant, recreational /

entertainment facility, service establishment and community /

religious assembly.

• Great highway access, Edgewater is situated between

three major highways: I-25, I-70 and 6th Avenue.UNIQUE PROPERTIES400 S. BROADWAY

DENVER, CO 80209(p) 303.321.5888(f ) 303.321.5889

WWW.UNIQUEPROP.COM

PROPERTY OVERVIEW

High, in-demand neighborhood of Edgewater and Sloan's Lake offers availability to many restaurants, bars, coffee shopsand recreation destinations, all within walking distance.

LOCATION OVERVIEW

The property's corner location will provide the new Owner(s) great visibility and access. Additionally, it has high trafficcounts due to its proximity to Sheridan Boulevard and Sloan's Lake. There are over 36,000 VPD on Sheridan Blvd and 4,000VPD on West 25th Avenue.

OFFERING SUMMARY

5701 W 25TH AVE

Sale Price: $1,800,000

Proforma Cap Rate: 9.69%

Proforma NOI: $174,479

Building Size: 8,883 SF

Lot Size: 6,652 SF

Parking: 3 Spaces

Year Built: 1942

Renovated: 2011

Stories: 2

Zoning: C-1

Property Taxes: $11,000 (2017)

List Price: $1,800,000Down Payment: $630,000Price/Unit: $300,000Price/Sq. Ft. $218.82Proforma Cap Rate: 9.69%

Number of Units:

Year Constructed:

Type of Building:

Parking:

Air Conditioning:

Heating:

Roof:

Exterior Construction:

Lot Size:

Metering:

Electric:

Gas:

Water:

61942

Multifamily3 Spaces

Condenser / Window Boiler / HVAC

Modified Bitumen Brick

6,652 SFSeparate

XcelXcel

City of Edgewater

Proposed:Loan Amount: $1,170,000

Interest Rate: 5.0%

Amortization (years): 25

Annual Debt Service: $80,076.00

INVESTMENT

PROPERTY

LOAN INFORMATION

UNITS TYPE UNIT SQ. FT. CURRENT RENT MARKET RENT/SF MARKET RENT/SF

1 Commercial - #5705 1,882 $23,400 $37,640 $12.431 Commercial - #5701 A 1,600 $26,400 $32,000 $16.501 Commercial - #5701 B 800 $13,800 $16,000 $17.251 Residential - Apt #1 1,200 $0 $30,000 $0.001 Residential - Apt #2 1,000 $0 $29,000 $0.001 Residential - Apt #3 2,401 $0 $45,000 $0.00

Averages 1,480 $10,600 $31,606 $7.16

6 Totals 8,883 $63,600 $189,640

INCOME

$189,640$16,486

Rent Income Plus: Other Income (NNN from Retail Tenants)Effective Gross Income $206,126

EXPENSES

Property Taxes $11,000Hazard & Flood Insurance $6,085Common Area Utilities $1,800Maintenance & Repairs $12,762

Total Expenses $31,647

Per Unit $5,274Per Square Foot $3.85

Net Operating Income $174,479Less: Annual Debt Service ($80,076)

Cash Flow $94,403

Cash-on-Cash 14.98 %

Principal Reduction $24,123Total Return 18.81%

Capitalization Rate 9.69%

UNIT MIX & RENT SCHEDULE

The information contained herein was obtained from sources believed reliable; however, Unique Properties makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation on this property issubmitted subject to errors, omission, changes of price, or conditions, prior to sale or lease, or withdrawal without notice.

PROFORMA FINANCIALS

The information contained herein was obtained from sources believed reliable; however, Unique Properties makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation on this property issubmitted subject to errors, omission, changes of price, or conditions, prior to sale or lease, or withdrawal without notice.

RETAIL SPACE

The information contained herein was obtained from sources believed reliable; however, Unique Properties makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation on this property issubmitted subject to errors, omission, changes of price, or conditions, prior to sale or lease, or withdrawal without notice.

RESIDENTIAL SPACE

POINTS OF INTEREST

• Sloan's Lake Park

• Historic 25th Avenue Business District

• Lakeview Lounge

• Providence Tavern

• Sloans' Bar & Grill

• Filipino-America Community Center

• Edgewater Library

MARKET OVERVIEW

Edgewater is nestled between the cities of Denver, Wheat Ridge and Lakewood.The city offers a unique small town atmosphere within minutes of DowntownDenver. Since its incorporation on August 17, 1901, the City's population hasgrown from 300 residents to over 6,000. Edgewater resident's enjoy quiet, safeneighborhoods with plenty of open space where families can play and spendtime together. Edgewater provides a blend of graceful Victorian homes, newhomes, tree lined streets, beautiful parks and a historic business district to create awarm, hometown environment.

The information contained herein was obtained from sources believed reliable; however, Unique Properties makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation on this property issubmitted subject to errors, omission, changes of price, or conditions, prior to sale or lease, or withdrawal without notice.

COMPLETE HIGHLIGHTS

* Demographic data derived from 2010 US Census

1 MILE 2 MILES 3 MILES

Total households 8,572 31,377 60,897

Total persons per hh 2.2 2.2 2.3

Average hh income $54,178 $54,510 $54,216

Average house value $237,928 $254,679 $251,261

1 MILE 2 MILES 3 MILES

Total population 19,259 69,654 141,610

Median age 35.7 36.3 35.7

Median age (male) 33.6 34.3 34.5

Median age (female) 37.2 38.1 36.9

The information contained herein was obtained from sources believed reliable; however, Unique Properties makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation on this property issubmitted subject to errors, omission, changes of price, or conditions, prior to sale or lease, or withdrawal without notice.

AREA DEMOGRAPHICS

The information contained herein was obtained from sources believed reliable; however, Unique Properties makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation on this property issubmitted subject to errors, omission, changes of price, or conditions, prior to sale or lease, or withdrawal without notice.

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