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Informations principales sur l'investissement
- ESTABLISHED COMMUNITY WITH STRONG RESIDENT APPEAL
- VALUE ADD OPPORTUNITY
- EXCEPTIONAL WALKABILITY & EVERYDAY CONVENIENCE
- PRIME ARVADA LOCATION
- SIGNIFCANT CAPITAL UPGRADES AND LIMITED NEAR-TERM CAP EX
- STRONG DEMOGRAPHICS & LONG-TERM GROWTH FUNDAMENTALS
Résumé analytique
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.
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.
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- Offering Memorandum
Informations sur l’immeuble
| Type de vente | Investissement | Surface du lot | 0,64 ha |
| Nb de lots | 69 | Surface de l’immeuble | 5 129 m² |
| Type de bien | Immeuble residentiel | Occupation moyenne | 97% |
| Sous-type de bien | Appartement | Nb d’étages | 4 |
| Style d’appartement | De hauteur moyenne | Année de construction | 1967 |
| Classe d’immeuble | C | Ratio de stationnement | 0,16/1 000 m² |
| Type de vente | Investissement |
| Nb de lots | 69 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | C |
| Surface du lot | 0,64 ha |
| Surface de l’immeuble | 5 129 m² |
| Occupation moyenne | 97% |
| Nb d’étages | 4 |
| Année de construction | 1967 |
| Ratio de stationnement | 0,16/1 000 m² |
Caractéristiques
Caractéristiques du lot
- Climatisation
- Balcon
- Lave-vaisselle
- Broyeur d’ordures
- Réfrigérateur
- Cuisinière
Caractéristiques du site
- Laverie
- Aire de pique-nique
- Ascenseur
- Transports en commun
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 1 | - | 46 |
| 1+1 | 23 | - | 60 |
| 2+1 | 45 | - | 76 |
1 1
Assez praticable à pied
40/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Plutôt praticable en vélo
40/100
Taxes foncières
| Numéro de parcelle | 39-023-00-013 | Évaluation des aménagements | 531 750 € |
| Évaluation du terrain | 74 078 € | Évaluation totale | 605 828 € |
Taxes foncières
Numéro de parcelle
39-023-00-013
Évaluation du terrain
74 078 €
Évaluation des aménagements
531 750 €
Évaluation totale
605 828 €
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Vidéos
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Cinnamon Ridge Apartments | 7655 W 67th Ave
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