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Aria Denver Townhomes 2900 – 2940 W Parkside Place 9 Unit Apartment Building $4,990,000 ($554,444/Unit) 5.69% Cap Rate Denver, CO 80221



INVESTMENT HIGHLIGHTS
- Gorgeous new construction townhomes
- Easy Access throughout Denver great for renters
- Strong Rental Market and Highly Desirable Location
EXECUTIVE SUMMARY
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.
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.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$340,200
|
$20.04
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$340,200
|
$20.04
|
| Taxes |
$25,200
|
$1.48
|
| Operating Expenses |
$30,906
|
$1.82
|
| Total Expenses |
$56,106
|
$3.30
|
| Net Operating Income |
$284,094
|
$16.73
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $340,200 |
| Annual Per SF | $20.04 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $340,200 |
| Annual Per SF | $20.04 |
| Taxes | |
|---|---|
| Annual | $25,200 |
| Annual Per SF | $1.48 |
| Operating Expenses | |
|---|---|
| Annual | $30,906 |
| Annual Per SF | $1.82 |
| Total Expenses | |
|---|---|
| Annual | $56,106 |
| Annual Per SF | $3.30 |
| Net Operating Income | |
|---|---|
| Annual | $284,094 |
| Annual Per SF | $16.73 |
PROPERTY FACTS
| Price | $4,990,000 | Property Subtype | Apartment |
| Price Per Unit | $554,444 | Apartment Style | Townhome |
| Sale Type | Investment | Building Class | A |
| Cap Rate | 5.69% | Lot Size | 0.92 AC |
| Sale Condition | 1031 Exchange | Building Size | 16,980 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2024 |
| Zoning | R-MU-30 | ||
| Price | $4,990,000 |
| Price Per Unit | $554,444 |
| Sale Type | Investment |
| Cap Rate | 5.69% |
| Sale Condition | 1031 Exchange |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | A |
| Lot Size | 0.92 AC |
| Building Size | 16,980 SF |
| No. Stories | 3 |
| Year Built | 2024 |
| Zoning | R-MU-30 |
AMENITIES
SITE AMENITIES
- Fitness Center
- Cabana
- Bicycle Storage
- Pet Washing Station
- Zen Garden
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 9 | - | 1,694 - 1,704 |
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Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 2171-00-168 | Total Assessment | $2,794,740 (2024) |
| Land Assessment | $109,560 (2024) | Annual Taxes | $25,200 ($1.48/SF) |
| Improvements Assessment | $2,685,180 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
2171-00-168
Land Assessment
$109,560 (2024)
Improvements Assessment
$2,685,180 (2024)
Total Assessment
$2,794,740 (2024)
Annual Taxes
$25,200 ($1.48/SF)
Tax Year
2025
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Aria Denver Townhomes | 2900 – 2940 W Parkside Place
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