2900 – 2940 W Parkside Place - Apartments FOR SALE


Denver, CO 80221- Chaffee Park
$5,355,000 USD
303-561-1099
2900 – 2940 W Parkside Place, Denver, CO for Sale
$5,355,000 USD
Apartments - FOR SALE
1/34
null | 5.31% Cap Rate

2900 – 2940 W Parkside Place
Denver, CO 80221
Chaffee Park


HIGHLIGHTS

  • Gorgeous new construction townhomes
  • Strong Rental Market and Highly Desirable Location
  • Easy Access throughout Denver great for renters

OVERVIEW

This rare portfolio of 9 brand-new, fully-leased, individually deeded townhomes in the Aria Denver development offers an incredible opportunity for investors seeking strong rental income, long-term appreciation, and exit flexibility. Each unit is leased and income-producing, delivering immediate cash flow. Investors can also take advantage of 100% bonus depreciation to maximize first-year tax benefits (please consult with a CPA or tax professional). With no HOA-imposed short-term rental restrictions, these townhomes can be converted into licensed nightly Airbnb units to further boost returns. Located just minutes from Downtown Denver and adjacent to Regis University, Aria Denver is ideally positioned near Tennyson Street, LoHi, RiNo, and the Highlands. With quick access to US-36 and I-25, residents enjoy easy commuting to Westminster, Broomfield, and Boulder County. The surrounding neighborhoods are vibrant and highly desirable, appealing to long-term renters, traveling professionals, and university affiliates alike. Each home features 2 bedrooms, 2.5 bathrooms, an office/flex room that can be used or converted into a third conforming bedroom, and attached garage parking. These homes are individually platted, giving investors the flexibility to hold them as a stabilized portfolio or sell them off individually over time. This is a rare opportunity to own a turn-key, appreciating portfolio in one of Denver’s fastest-growing residential hubs.

FOR SALE DETAILS

PRICE

$5,355,000 USD

PRICE/SF

$315 USD /SF

# OF UNITS

9

PRICE/UNIT

$595,000

CAP RATE

5.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aria Denver Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

R-MU-30

APN/PARCEL ID

2171-00-168

ASK ABOUT THIS PROPERTY

Eric WeinsUrban Modern Realty LLCMore Info
303-561-1099

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Eric WeinsUrban Modern Realty LLCMore Info
303-561-1099

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