Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1601 Park Ave Denver, CO 80218

    For Sale
    $6,050,000

    10,863 sqft, 14 Units Available

    Property size:
    10,863 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents 14 unsold units within the prestigious Arbory City Park West development, completed in 2023. The property comprises two distinct packages: a four-unit condo package and a six-unit townhome package. The condo package, priced at $2,000,000, includes three one-bedroom, one-bathroom units with dens, and one two-bedroom, one-bathroom unit (units 110, 112, 114, and 401). Each condo features energy-efficient mini-split heat pump systems and individual Xcel electric meters, with tenants responsible for their utility costs. The six townhomes, offered as a separate package for $4,050,000, are all two-bedroom, two-and-a-half-bathroom units (units 212-217), situated adjacently on the top floor above the parking structure. Located in Denver's highly sought-after City Park West neighborhood, this property offers unparalleled convenience, with proximity to top-rated schools, the University of Denver, and a vibrant array of amenities. Residents enjoy stunning Rocky Mountain views and easy access to a wide range of recreational activities. This is a rare chance to acquire a significant portion of a thriving, recently completed multi-family development in a prime Denver location. The total square footage is 10,863. The property is being offered in two packages for a combined asking price of $6,050,000.

    Property Features for 1601 Park Ave

    General Information

    Property type
    Residential income properties
    Square Feet
    10,863 SF

    Building Details

    Year Built
    2023
    Property Profile Location Intelligence

    Current Use by Public Records

    Coors Field Lot ... Parking Lot The Arbory Apartment Building Accessible Parking Parking Lot Main Lot Section A Parking Lot

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.9705
    Latitude
    39.74193

    Nearby Similar for Sale

    • $350,000
      0.02 Acres

      Versatile Warehouse/Storage Unit in Denver

      Spacious warehouse/storage unit with flex space and mezzanine.
      560 Ames St, Denver, CO 80226
      View Details
    • $2,000,000
      0.75 Acres

      Federal Heights Commercial Opportunity

      4,896 SF commercial building on 0.7475 acre lot.
      2975 W 92Nd Ave, Denver, CO 80260
      View Details
    • New
      $3,200,000
      0.29 Acres

      RiNo Corner Location For Sale

      Highly visible corner location in Denver's RiNo district.
      3100 Blake St, Denver, CO 80205
      View Details
    • $350,000
      0.02 Acres

      Versatile Warehouse/Storage Unit in Lakewood

      Spacious warehouse/storage unit with flex space, ideal for various uses.
      560 Ames St, Denver, CO 80226
      View Details
    • $1,200,000
      0.14 Acres

      Updated Multifamily in Growing Neighborhood

      8-unit multifamily property in Aurora's Delmar Parkway neighborhood.
      1391 Lima St, Denver, CO 80010
      View Details
    • $4,300,000
      18,936 SF

      Modern Townhomes in Fountain, Colorado

      Thirteen townhomes built in 2021 near downtown Fountain, Colorado.
      303 East Ohio Ave, Denver, CO 80209
      View Details

    FAQs

    What type of property is this?
    Residential income property - 10,863 sqft, 14 Units Available
    Where is this residential income property located?
    The property is located at 1601 Park Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $6,050,000.
    (720) 738-1944
    Request Owner's contact information
    1601 Park Ave Denver, CO 80218
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1601 Park Ave
    Denver, CO 80218
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 Park Ave Denver, CO 80218
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.