Aria Denver Townhomes
10 Unit Apartment Building | $6,290,000 ($629,000/Unit) | 5.65% Cap Rate | Denver, CO 80221
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $6,290,000
- Property Type
-
Multifamily
- Square Feet
- 16,980 SF
Listing Contacts
Eric Weins
Verified Profile
Turner Miller
Verified Profile
- Property Info
Property Overview
The Aria Townhomes, comprising of 10 units divided across two buildings, each housing five units, this property offers a blend of convenience and versatility. Each unit features 2-3 bedrooms, ensuring flexibility to cater to various tenant preferences, along with the added convenience of 1-car garages and driveways for ample parking space. Strategically located across the street from Regis University, these townhomes hold a distinct advantage, attracting students and faculty seeking quality housing options. This prime location not only ensures a steady influx of potential tenants but also contributes to the property's long-term value appreciation. Furthermore, with ongoing development and economic growth in the surrounding area, these townhomes stand poised to benefit from increasing property values and rental rates, offering investors the potential for significant long-term capital appreciation. Beyond its proximity to educational institutions, the property is situated within a vibrant community, offering residents access to various amenities such as parks, restaurants, and retail establishments, further bolstering its attractiveness to potential tenants. In summary, the Aria Townhomes Investment Package presents a compelling opportunity for investors seeking to capitalize on the dynamic real estate market. With its strategic location, attractive unit features, and promising investment potential, this offering is poised to deliver strong returns and long-term value appreciation, making it an ideal addition to any investment portfolio.
Property Details
- Class
- A
- Year Built
- 2024
- Stories
- 3
- Units
- 10
Highlights
- Gorgeous new construction townhomes
- Strong Rental Market and Highly Desirable Location
- Easy Access throughout Denver great for renters
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