720-476-2329
1401 W 85th Ave, Federal Heights, CO for Sale
Apartments - FOR SALE
1/13
null | Request Cap Rate

1401 W 85th Ave
Federal Heights, CO 80260


HIGHLIGHTS

  • 37 Individually Deeded Homes | 37 Separate Addresses | Individual Tax Parcels
  • Potential 6.00%+ Going-In Cap Rate | Supported by Actual Operations | Rare for 2000s-Built Product
  • Large-Format Rental Living | All Two-Bedroom, Two-Bathroom Homes | Approximately 995 SF Average
  • Durable Tenancy | 98%–100% Historical Occupancy | 2.6-Year Average Resident Tenure
  • Condominium Sellout Optionality | Individual Resale Flexibility | County- Supported Home Values
  • $9.34 Million Aggregate County Value | Approximately $252,500 Per Home

OVERVIEW

Roth Park Condominiums presents a rare opportunity to acquire 37 individually deeded, large-format condominium homes within a well-maintained community constructed in 2006 and located approximately 15 minutes north of Downtown Denver. The offering consists exclusively of two-bedroom, two-bathroom homes averaging approximately 995 square feet. Each residence features an open-concept floor plan, central air conditioning, a full-size washer and dryer, private storage, and a balcony or walkout patio. Many homes overlook Bell Roth Park, providing immediate access to walking trails, open space, playgrounds, sand volleyball courts, and water features. The community has historically maintained 98%–100% occupancy, supported by an average resident tenure of approximately 2.6 years. The offering provides the potential for a 6.00%+ going-in cap rate supported by actual operating performance — an increasingly rare income profile for well-maintained, 2000s-built construction in Denver Metro. Each home has a separate address, deed, parcel number, Adams County valuation, and property tax bill. The 37 homes carry an aggregate county market value of approximately $9.34 million, or approximately $252,500 per home, reinforcing the portfolio's individual resale optionality.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

37

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Roth Park Condominiums

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matt BerkMarcus & MillichapMore Info
720-476-2329

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Matt BerkMarcus & MillichapMore Info
720-476-2329

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.