Denver Multifamily Community For
For Sale
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3130 W Louisiana Ave, Denver, CO 80219
103-unit multifamily community in Denver's Westwood neighborhood.
Property Size58,722 SF
Lot Size1.17 Acres
Days on Market158
Property Features for 3130 W Louisiana Ave
General Information
Standard status
Active
Size
58,722 SF
Lot size
1.17 Acres
Property subtype
Multifamily
Occupancy
93%
Amenities
103-Unit Multifamily Community Located Six Miles South of Downtown Denver and Four Miles from the University of Denver
Surrounding Submarket Has High Barriers to Homeownership and Strong Demographics
Stable In-Place Income with 100% Occupancy; Clear Path to Increased Revenue Through Modernization
Building Details
Building Size
58,722 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 4:41AM
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.
Brentwood Tower is a 103-unit multifamily community located in the Westwood neighborhood of southwest Denver. Constructed in 1963, the property encompasses 58,722 rentable square feet on a 1.17-acre site. The unit mix includes 31 studios, 53 one-bedroom units, 9 suites, and 10 two-bedroom units, with floor plans averaging 570 square feet. Some larger units exceed 900 square feet. The property has undergone infrastructure upgrades, including the replacement of all vertical plumbing stacks and a dual hot water boiler system. Rebar reinforcement work is expected to be completed soon. Common areas feature vinyl hallway flooring and on-site laundry facilities with six washers and dryers. Starry-provided high-speed internet is available. Many unit interiors retain original features, including hardwood floors and functional layouts. The property is located six miles southwest of Downtown Denver and four miles from the University of Denver, with access to I-25, US-285, and RTD transit lines. Residents have walkable access to retail, dining, Garfield Lake Park, and schools. The average household income within a one-mile radius exceeds $81,000, while the median home sale price in the area is over $440,000. The property generates over $1.43 million in effective gross income, with a year-one net operating income of $810,000. Current in-place rents average $1,102 per unit, while market rents support an average of $1,271.
Key Highlights
- Significant value‑add potential through unit renovations, achieving $100-$200 rent premiums.
- Strong income generation** with over $1.43 million effective gross income and a year‑one net operating income of $810,000.
- Strategic infill location in Denver's Westwood neighborhood, offering superior access to employment, education, and retail.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Explore this area
Business Placement
Demographics for 80219, CO
61,585
Population
21,729
Households
2.8
Avg Household Size
33
Median Age
22%
College-Educated
72%
High-School Grad
7.4 sq mi
ZIP Area
8,322
Density / Sq Mi
$67,325
Median Household Income
$41,153
Median Earnings
$1,464
Median Rent
$426,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - 103-unit multifamily community in Denver's Westwood neighborhood.
Where is this apartment building located?
The property is located at 3130 W Louisiana Ave Denver, CO.
What are key features of this property?
This property features: Significant value‑add potential through unit renovations, achieving $100-$200 rent premiums.; Strong income generation** with over $1.43 million effective gross income and a year‑one net operating income of $810,000.; Strategic infill location in Denver's Westwood neighborhood, offering superior access to employment, education, and retail.
