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Luxury 36-Unit Apartment Community
For Sale
$16,000,000

525 575 595 W Amherst Ave, Englewood, CO 80110

Completed in 2020, this 36-unit apartment community offers spacious floorplans and attached garages with full occupancy.

Property Size50,526 SF
Days on Market59

Property Features for 525 575 595 W Amherst Ave

General Information

Standard status Active
Size 50,526 SF
Property subtype Multifamily
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 36

Amenities

Oversized 2BR and 3BR Homes averaging approximately 1,404 SF, materially larger than typical suburban multifamily product.
Existing $9.23M fixed-rate loan assumable at 3.81% through April 2031, providing substantial spread-to-market financing advantage and enhanced going-in cash flow.
Located near the ongoing mixed-use redevelopment of CityCenter Englewood, enhancing long-term submarket growth and walkability.
Immediate access to South Broadway, Downtown Denver, Cherry Hills, and the Denver Tech Center via US-285 and Santa Fe Drive.
Offered at a significant discount to estimated replacement cost for comparable infill luxury product without Entitlement, Construction, or Lease-Up Risk.
Currently operating at full occupancy with continued positive leasing momentum on renewals and trade-outs.
Affluent resident profile driven by high barriers to homeownership and demand for flexible, home-like living environments.
Originally designed as a for-sale community with high-end finishes, attached garages, and oversized residential layouts.

Building Details

Building Size 50,526 SF
Year Built 2020
Units 36
Tenancy Multi
Listing Agency:
Listed By: Greg Parker · License #License(s): CO: FA.100074810
Source: Marcusmillichap
Added: Jul 3 Changed: Aug 27 Last Checked: Aug 29 at 5:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greg Parker

Investment Insights

Based on property information with market context.

Iron Works Village Apartments is a family-style, 36-unit luxury multifamily community completed in 2020. The property features condominium-quality construction and oversized floorplans averaging approximately 1,404 square feet, along with attached garages. The community is currently operating at full occupancy.

Located at 525 W Amherst Avenue in Englewood, the property provides immediate access to major employment and lifestyle destinations including Swedish Medical Center, Porter Adventist Hospital, Downtown Denver, and the Denver Tech Center via nearby US-285 and Santa Fe Drive.

The offering also includes attractive assumable financing with an approximate $9.23 million loan balance fixed at 3.81% through April 2031. The property is presented as having long-term condominium conversion optionality tied to its original for-sale design intent.

Key Highlights

  • 36‑unit multifamily community completed in 2020
  • Condominium‑quality construction with oversized floorplans averaging approximately 1,404 SF
  • Operating at full occupancy with rent growth on renewals and unit turnovers

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service Travel Agency Cosmetic Store Barber Shop Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

36
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,812
Businesses Nearby

Demographics for 80110, CO

23,279
Population
10,804
Households
2.2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
3,637
Density / Sq Mi
$82,037
Median Household Income
$50,406
Median Earnings
$1,582
Median Rent
$455,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Completed in 2020, this 36-unit apartment community offers spacious floorplans and attached garages with full occupancy.
Where is this apartment building located?
The property is located at 525 575 595 W Amherst Ave Englewood, CO.
What is the asking price?
The asking price for this property is $16,000,000.
What are key features of this property?
This property features: 36‑unit multifamily community completed in 2020; Condominium‑quality construction with oversized floorplans averaging approximately 1,404 SF; Operating at full occupancy with rent growth on renewals and unit turnovers
More about this property
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