719-459-5756
7655 W 67th Ave, Arvada, CO for Sale
Apartments - FOR SALE
1/37
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7655 W 67th Ave
Arvada, CO 80004
Scenic Heights


HIGHLIGHTS

  • ESTABLISHED COMMUNITY WITH STRONG RESIDENT APPEAL
  • PRIME ARVADA LOCATION
  • VALUE ADD OPPORTUNITY
  • SIGNIFCANT CAPITAL UPGRADES AND LIMITED NEAR-TERM CAP EX
  • EXCEPTIONAL WALKABILITY & EVERYDAY CONVENIENCE
  • STRONG DEMOGRAPHICS & LONG-TERM GROWTH FUNDAMENTALS

OVERVIEW

Cushman & Wakefield is pleased to present Cinnamon Ridge Apartments, a well maintained 69-unit multifamily community located at 7655 W. 67th Avenue in the heart of Arvada, Colorado. Originally constructed in 1967, the property offers investors the rare opportunity to acquire a stable apartment community in one of Denver's most desirable suburban markets, benefiting from strong renter demand, limited barriers to entry, and exceptional long-term fundamentals. Cinnamon Ridge offers spacious apartment homes in clean, well-maintained condition, complemented by desirable community amenities including a landscaped courtyard, barbecue area, on-site laundry facilities, ample off-street parking, and attractive mountain and courtyard views. 75% of unit interiors have had flooring and fixtures updated. Beyond that, unit interiors remain largely in original, basic condition, presenting a clear value-add opportunity for a new owner to modernize kitchens and bathrooms. The Arvada submarket has demonstrated a strong ability to absorb renovated units at solid rent premiums, positioning Cinnamon Ridge as an attractive candidate for a targeted capital improvement program. The property's highly accessible location places residents just minutes from Olde Town Arvada, Downtown Denver, and major employment centers via Wadsworth Boulevard, Interstate 70, and nearby RTD G Line commuter rail stations. Daily conveniences are within walking distance, including grocery stores, restaurants, retail shopping, and neighborhood services. Outdoor recreation is abundant with nearby parks, trails, and open space, further enhancing the property's lifestyle appeal. An additional advantage is the property's immediate adjacency to Arvada High School, creating a stable residential environment and making the community particularly attractive to families seeking convenient access to education. The surrounding area is supported by strong household incomes, high homeownership costs, and continued population growth, all of which reinforce long-term multifamily demand and provide an attractive backdrop for future rental growth.

FOR SALE DETAILS

PRICE

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# OF UNITS

69

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cinnamon Ridge Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1967

PARKING SPACES

96

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

-

APN/PARCEL ID

39-023-00-013

ASK ABOUT THIS PROPERTY

Jeff DimmenCushman & WakefieldMore Info
719-459-5756

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Jeff DimmenCushman & WakefieldMore Info
719-459-5756

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