Aria Denver Townhomes | 2900 – 2940 W Parkside Place
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Aria Denver Townhomes 2900 – 2940 W Parkside Place
10 Unit Block of Flats £4,779,214 (£477,921/Unit) 5.93% Net Initial Yield 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
The Aria Townhomes, comprising of 10 units divided across two buildings, each housing five units, this property offers a blend of convenience and versatility. Each unit features 2-3 bedrooms, ensuring flexibility to cater to various tenant preferences, along with the added convenience of 1-car garages and driveways for ample parking space. Strategically located across the street from Regis University, these townhomes hold a distinct advantage, attracting students and faculty seeking quality housing options. This prime location not only ensures a steady influx of potential tenants but also contributes to the property's long-term value appreciation. Furthermore, with ongoing development and economic growth in the surrounding area, these townhomes stand poised to benefit from increasing property values and rental rates, offering investors the potential for significant long-term capital appreciation. Beyond its proximity to educational institutions, the property is situated within a vibrant community, offering residents access to various amenities such as parks, restaurants, and retail establishments, further bolstering its attractiveness to potential tenants. In summary, the Aria Townhomes Investment Package presents a compelling opportunity for investors seeking to capitalize on the dynamic real estate market. With its strategic location, attractive unit features, and promising investment potential, this offering is poised to deliver strong returns and long-term value appreciation, making it an ideal addition to any investment portfolio.
Data Room Click Here to Access
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£338,651
|
£19.94
|
| Other Income |
-
|
-
|
| Vacancy Loss |
£16,933
|
£1.00
|
| Effective Gross Income |
£321,718
|
£18.95
|
| Taxes |
£18,176
|
£1.07
|
| Operating Expenses |
£20,204
|
£1.19
|
| Total Expenses |
£38,380
|
£2.26
|
| Net Operating Income |
£283,338
|
£16.69
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £338,651 |
| Annual Per SF | £19.94 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | £16,933 |
| Annual Per SF | £1.00 |
| Effective Gross Income | |
|---|---|
| Annual | £321,718 |
| Annual Per SF | £18.95 |
| Taxes | |
|---|---|
| Annual | £18,176 |
| Annual Per SF | £1.07 |
| Operating Expenses | |
|---|---|
| Annual | £20,204 |
| Annual Per SF | £1.19 |
| Total Expenses | |
|---|---|
| Annual | £38,380 |
| Annual Per SF | £2.26 |
| Net Operating Income | |
|---|---|
| Annual | £283,338 |
| Annual Per SF | £16.69 |
Property Facts
| Price | £4,779,214 | Property Subtype | Apartment |
| Price Per Unit | £477,921 | Apartment Style | Townhome |
| Sale Type | Investment | Building Class | A |
| Net Initial Yield | 5.93% | Lot Size | 0.92 AC |
| Sale Conditions | 1031 Exchange | Building Size | 16,980 SF |
| No. Units | 10 | Number of Floors | 3 |
| Property Type | Residential | Year Built | 2024 |
| Price | £4,779,214 |
| Price Per Unit | £477,921 |
| Sale Type | Investment |
| Net Initial Yield | 5.93% |
| Sale Conditions | 1031 Exchange |
| No. Units | 10 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | A |
| Lot Size | 0.92 AC |
| Building Size | 16,980 SF |
| Number of Floors | 3 |
| Year Built | 2024 |
Site Amenities
- Clubhouse
- Fitness Centre
- Cabana
- Bicycle Storage
- Pet Washing Station
- Zen Garden
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2.5 | 10 | - | 1,694 - 1,704 |
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Walk Score ®
Very Walkable (72)
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Aria Denver Townhomes | 2900 – 2940 W Parkside Place
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