500 West 41st Avenue Denver, CO 80216

Building Details

Year Built

2024

Listing Agency Avison Young - Denver j***@avisonyoung.com Show Phone

Listed by Leslie Brown · License #EA100037196

Source Crexi

Added: May 14 Checked: Jul 17 at 9:36 am

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Investment Insights

Based on property information with market context.

This multifamily property is located in Denver. The property contains 73,225 square feet. The property is a 2024 vintage Class A building. It is positioned in a transit-oriented location with direct access to downtown. The property is adjacent to the $2B Fox Park master-planned transformation. Denver’s multifamily market is currently experiencing a historic, short-term market dislocation, presenting an opportunistic buying window for investors, driven by timing, basis, and forward NOI recovery. The cyclical trough NOI has a clear path to recovery due to a Denver supply cliff driving forward rent growth. Record demand is absorbing inventory at all-time highs, and no capex is required.

Key Highlights

• 2024 Vintage Class A - No Capex Required
• Cyclical Trough NOI with Clear Path to Recovery
• Denver Supply Cliff Drives Forward Rent Growth

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FAQs

What type of property is this?

Apartment building - Class A multifamily property near Fox Park transformation.

Where is this apartment building located?

The property is located at 500 West 41st Avenue Denver, CO.

What are key features of this property?

This property features: 2024 Vintage Class A - No Capex Required; Cyclical Trough NOI with Clear Path to Recovery; Denver Supply Cliff Drives Forward Rent Growth