Multifamily Property with
For Sale
Contact for pricing
1601 Park Ave, Denver, CO 80218
Completed in 2023, the project combines condominium and townhome residences with individually metered electric systems.
Property SizeContact for details
Days on Market142
Property Features for 1601 Park Ave
General Information
Standard status
Active
Property subtype
Multifamily
Units
Unit Mix
2 x 1BR/1BA + Den, 1 x 2BR/1BA, 1 x 2BR/2BA
Multifamily Units
4
Additional Details
Asking Price
$1,969,200
Building Details
Year Built
2023
Listing Agency:
NORTHPEAK Commercial Advisors
(720) 738-1944
Listed By:
Scott Fetter · License #CO
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 3:42PM
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 NORTHPEAK Commercial Advisors
Investment Insights
Based on property information with market context.
Completed in 2023, Arbory City Park West is a 41-unit condominium project with 14 condos and town homes remaining for sale. The available offerings include four condos with a mix of 1Br/1Ba + Den, 2Br/1Ba, and 2Br/2Ba layouts, plus six adjoining 2Br/2.5Ba town homes positioned above the podium parking structure. The town homes have no residences above or below them.
Condo units use high-efficiency electric mini-split heat pump systems and have individual Xcel electric meters, with heating and cooling paid directly to the provider. Town homes use Aquatherm hot water heat, with that expense included in HOA dues. Water is included in HOA dues for all units.
The property is located at 1601 Park Ave in Denver’s City Park West neighborhood, between City Park and Uptown. Cheesman Park and Denver’s Botanic Gardens are nearby, while downtown and Cherry Creek are described as being equidistant from the property.
Condo units use high-efficiency electric mini-split heat pump systems and have individual Xcel electric meters, with heating and cooling paid directly to the provider. Town homes use Aquatherm hot water heat, with that expense included in HOA dues. Water is included in HOA dues for all units.
The property is located at 1601 Park Ave in Denver’s City Park West neighborhood, between City Park and Uptown. Cheesman Park and Denver’s Botanic Gardens are nearby, while downtown and Cherry Creek are described as being equidistant from the property.
Key Highlights
- 41‑unit condominium project completed in 2023; 14 condos/town homes remain unsold
- Four‑condo package includes 2‑1Br/1Ba + Den, 1‑2Br/1Ba, and 1‑2Br/2Ba layouts
- Six adjoining town homes include units 212, 213, 214, 215, 216 and 217; all are 2Br/2.5Ba
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
7,407
Businesses Nearby
Explore this area
Business Placement
Demographics for 80218, CO
19,484
Population
13,116
Households
1.5
Avg Household Size
35
Median Age
72%
College-Educated
98%
High-School Grad
1.6 sq mi
ZIP Area
12,178
Density / Sq Mi
$82,925
Median Household Income
$67,570
Median Earnings
$1,475
Median Rent
$653,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Completed in 2023, the project combines condominium and townhome residences with individually metered electric systems.
Where is this multifamily property located?
The property is located at 1601 Park Ave Denver, CO.
What are key features of this property?
This property features: 41‑unit condominium project completed in 2023; 14 condos/town homes remain unsold; Four‑condo package includes 2‑1Br/1Ba + Den, 1‑2Br/1Ba, and 1‑2Br/2Ba layouts; Six adjoining town homes include units 212, 213, 214, 215, 216 and 217; all are 2Br/2.5Ba
