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Tabor Lake Apartment Community 12100 W 44th Ave 97 Unit Apartment Building For Sale Wheat Ridge, CO 80033
Investment Highlights
- Substantially Renovated Asset at a Compelling Infill Basis
- Exceptional Location with Direct Greenbelt and Lake Access
- Excess Developable Land with Embedded Value and Optionality
- Identifiable Mark-to-Market Rent Upside
- Strong In-Place Cash Flow with an Attractive Return Profile
- Wheat Ridge: Denver Metro’s Emerging Infill Submarket
Executive Summary
MMG Real Estate Advisors is pleased to present the exclusive listing of Tabor Lake Apartments, a 97-unit Class B+ multifamily community located at 12100 W 44th Avenue in Wheat Ridge, Colorado. The property was substantially renovated in 2024, delivering updated interiors and community amenities that position the asset competitively within the Wheat Ridge rental market. Situated directly adjacent to Tabor Lake and the Jefferson County greenbelt trail system, and less than half a mile from the Wheat Ridge/Ward Road RTD light rail station, the property captures persistent renter demand from residents who value both urban connectivity and outdoor lifestyle access. With strong occupancy, meaningful loss-to-lease upside, and no near-term capital requirements, Tabor Lake presents buyers with a stabilized, turn-key asset with a clear and immediate path to full market performance.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 1.83 AC |
| No. Units | 97 | Building Size | 69,080 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1985/2024 |
| Building Class | B |
| Sale Type | Investment |
| No. Units | 97 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.83 AC |
| Building Size | 69,080 SF |
| Average Occupancy | 96% |
| No. Stories | 5 |
| Year Built/Renovated | 1985/2024 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Storage Space
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Freezer
- Vinyl Flooring
Site Amenities
- Business Center
- Fitness Center
- Laundry Facilities
- Waterfront
- Pet Play Area
- Walking/Biking Trails
- Lake Access
- Pet Washing Station
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 53 | $1,110 | 268 - 453 |
| 1+1 | 40 | $1,243 | 416 - 570 |
| 2+1 | 3 | $1,553 | 782 - 1,075 |
| 2+2 | 1 | $1,943 | 998 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 39-201-09-001 | Improvements Assessment | $780,920 (2025) |
| Land Assessment | $156,580 (2025) | Total Assessment | $937,500 (2025) |
Property Taxes
Parcel Number
39-201-09-001
Land Assessment
$156,580 (2025)
Improvements Assessment
$780,920 (2025)
Total Assessment
$937,500 (2025)
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Tabor Lake Apartment Community | 12100 W 44th Ave
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