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Wheat Ridge Multifamily Investment Opportunity
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5995 W 29th Ave, Wheat Ridge, CO 80214

12-unit apartment building near Sloan’s Lake and major transportation routes.

Property Size7,500 SF
Price / SF$276.67
Days on Market129

Property Features for 5995 W 29th Ave

General Information

Standard status Active
Size 7,500 SF
Property subtype Multifamily

Building Details

Year Built 1955
Listing Agency: NORTHPEAK Commercial Advisors
Listed By: Scott Fetter · License #CO
Source: Crexi
Added: Mar 24 Changed: Jul 10 Last Checked: Jul 29 at 2:24PM

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.

Manor 29 Apartments, located at 5995 W 29th Avenue in Wheat Ridge, Colorado, presents a multifamily investment opportunity. This property features 12 units, comprising one studio and eleven two-bedroom/one-bathroom apartments. The property is located at the intersection of Wheat Ridge, Edgewater, and the Sloan’s Lake corridor. A major capital improvement has been completed with the entire electrical service having been replaced. The property is approximately 20 minutes from Downtown Denver and within close proximity to Sloan’s Lake Park, Edgewater Public Market, and the West 38th Avenue dining and retail corridor, with easy access to I-70 and 6th Avenue. Amenities include on-site laundry facilities, off-street parking, and pet-friendly policies. The property size is 7500 square feet.

Key Highlights

  • Stabilized 12‑unit multifamily property providing immediate cash flow.
  • Prime location at the intersection of Wheat Ridge, Edgewater, and the Sloan’s Lake corridor.
  • Major capital improvement completed: entire electrical service replaced.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

573
Businesses Nearby

Demographics for 80214, CO

26,493
Population
13,298
Households
2
Avg Household Size
36
Median Age
39%
College-Educated
89%
High-School Grad
4.7 sq mi
ZIP Area
5,637
Density / Sq Mi
$74,259
Median Household Income
$48,094
Median Earnings
$1,516
Median Rent
$519,900
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 - 12-unit apartment building near Sloan’s Lake and major transportation routes.
Where is this apartment building located?
The property is located at 5995 W 29th Ave Wheat Ridge, CO.
What is the asking price?
The asking price for this property is $2,075,000.
What are key features of this property?
This property features: Stabilized 12‑unit multifamily property providing immediate cash flow.; Prime location at the intersection of Wheat Ridge, Edgewater, and the Sloan’s Lake corridor.; Major capital improvement completed: entire electrical service replaced.
More about this property
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