Denver Multifamily Investment
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2449 S Colorado Blvd, Denver, CO 80222
103-unit apartment community in Denver with value-add potential.
Property Size86,927 SF
Days on Market158
Property Features for 2449 S Colorado Blvd
General Information
Standard status
Active
Size
86,927 SF
Property subtype
Multifamily
Occupancy
93%
Amenities
103-Unit Community of Generously-Sized Studio, One-, Two-, & Three-Bedroom Units in a Submarket with Strong Rental Performance, Strong Barriers to Entry, and Limited Multifamily Supply
Located on South Colorado Boulevard, Five Minutes from University of Denver, with Easy Access to Cherry Creek and I-25
Strong In-Place Cash Flow with a Stabilized Asset that Offers Value-Add Potential
Building Details
Building Size
86,927 SF
Units
103
Listed By:
Matt Berk · License #License(s): CO: FA.100103127
(303) 328-2035
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 8
Last Checked: Sep 7 at 4:42AM
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 Matt Berk
Investment Insights
Based on property information with market context.
Boulevard Park Apartments is a 103-unit multifamily community located in Denver, Colorado. Constructed in 1960, this garden-style property features a mix of studio, one-, two-, and three-bedroom units. The property includes 17 studio units (432 SF), 29 one-bedroom units (672 SF), 43 two-bedroom units (1,021 SF) and 14 three-bedroom units (1,125 SF). The two- and three-bedroom units exceed the average unit sizes for comparable Denver assets. The property is located on South Colorado Boulevard, providing residents access to retail, restaurant, and entertainment options. Key destinations such as Cherry Creek, the University of Denver, and I-25 are easily accessible, providing access to major employment centers including downtown Denver and the Denver Tech Center. The property benefits from its proximity to residential neighborhoods, with single-family home prices in the adjacent Observatory Park neighborhood averaging over $2.78 million. There are few competing rental properties in the immediate vicinity. There is an opportunity to modernize unit interiors and common areas.
Key Highlights
- Prime location on South Colorado Boulevard, providing easy access to retail, restaurants, entertainment, Cherry Creek, the University of Denver, and I‑25.
- Located in a submarket with strong rental performance.
- Proximity to affluent residential neighborhoods like Observatory Park drives renter demand.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,546
Businesses Nearby
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Business Placement
Demographics for 80222, CO
22,381
Population
11,625
Households
1.9
Avg Household Size
38
Median Age
57%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,890
Density / Sq Mi
$85,354
Median Household Income
$57,833
Median Earnings
$1,715
Median Rent
$596,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 103-unit apartment community in Denver with value-add potential.
Where is this apartment building located?
The property is located at 2449 S Colorado Blvd Denver, CO.
What are key features of this property?
This property features: Prime location on South Colorado Boulevard, providing easy access to retail, restaurants, entertainment, Cherry Creek, the University of Denver, and I‑25.; Located in a submarket with strong rental performance.; Proximity to affluent residential neighborhoods like Observatory Park drives renter demand.
