Marcus and Millichap Multi-Housing has been retained as the exclusive advisor in the sale of Farmhouse @ 5280, a brand-new 19-unit townhome community in Wheat Ridge with certificates of occupancy issued in July 2025. Each residence is three bedrooms, four bathrooms, averages 1,730 square feet, and includes a two-car garage. The property is currently in lease-up, with concessions applied only in the first month; all tenants sign leases at market rents, resulting in stable in-place income upon acquisition. Farmhouse @ 5280 offers limited competition, with no other 3-bedroom, 2-car garage townhome communities within 2.5 miles, and fewer than 125 comparable units built after 2018 within a 5-mile radius. Current rents are approximately 20% below Boulder and Golden levels, creating room for future growth. Each unit is individually deeded, providing flexibility to sell individually or as a portfolio which reduces long-term risk in an expanding cap rate environment. The community is not located in a metropolitan district, resulting in an estimated 40–45% lower property tax burden compared to similar assets. Under Colorado’s 2026 property tax reforms (SB24-233 & HB24B-1001), each unit qualifies for a 10% exemption on the first $700,000 of value, equating to up to $1.33 million in exempted value across the portfolio. Located minutes from Downtown Denver, Boulder, and Golden, residents benefit from access to major job centers, the Ward Road Light Rail Station, Clear Creek Trail, grocery markets, and a growing base of schools, retail, and recreation. Taken together, Farmhouse @ 5280 represents a rare opportunity to acquire new for-rent home construction in a supply-constrained market, with durable cash flow today and meaningful exit flexibility for the future.