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New Arvada Townhomes: Investment Opportunity

6643 - 6647 W 52nd Avenue Arvada, CO 80002

6643 - 6647 W 52nd Avenue, Arvada, CO, 80002
$7,140,000
For Sale
Claim this Listing
$7,140,000

New 12-unit townhome portfolio in Arvada, completed in 2025.

Property Size21,000 SF
Price / SF$340
AddedMay 29, 2025
Days on Market413
Last RefreshMar 16 at 9:09 am

Property Features for 6643 - 6647 W 52nd Avenue

General Information

Standard status
Active
Size
21,000 SF

Building Details

Year Built
2025

Listing office MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES OF ATLANTA, INC.

Listing date May 29, 2025

Source Corcoran

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 MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES OF ATLANTA, INC.


Investment Insights

Based on property information with market context.

Completed in 2025, these brand new 12-unit townhomes are located at 6643–6647 West 52nd Avenue in Arvada. The property is situated in a desirable and accessible submarket between downtown Denver (15 minutes) and Boulder (30 minutes). Residents benefit from walkable access to the Gold Line Light Rail and major highways like Interstate 70, as well as proximity to Olde Town Arvada. Each townhome is individually parceled, offering investors the ability to operate the asset as a build-to-rent (BTR) portfolio, execute a per-unit sell-off strategy, or deploy a hybrid lease-to-own model. Each of the approximately 1,750 SF townhomes includes 3 bedrooms, 2 full baths, 2 half baths, and a dedicated office/den space. The homes are designed for today’s remote working, lifestyle-driven tenants. Certificate of Occupancy was recently granted, and the property is already half leased. The property's strategic location attracts high-income renters who value urban access.

Key Highlights

  • Brand new townhomes completed in 2025 with high‑end, quality finishes.
  • Highly desirable location between Denver and Boulder with walkable access to the Gold Line Light Rail.
  • Flexible investment options: operate as build‑to‑rent, per‑unit sell‑off, or lease‑to‑own.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $488.9k $23.28
− Vacancy −$36.7k −$1.75
EGI $452.2k $21.53
− OpEx −$203.5k −$9.69
NOI $248.7k $11.84
21,000 SF · lease $23.28/SF/yr · vacancy 7.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$3.55M
$3.11M – $4.15M (±1% cap)
NOI $248,718 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.62M
$4.91M – $6.55M (±1% cap)
NOI $393,120 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Grocery & Convenience Store Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Travel Agency Pharmacy Supermarket

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - New 12-unit townhome portfolio in Arvada, completed in 2025.
Where is this apartment building located?
The property is located at 6643 - 6647 W 52nd Avenue Arvada, CO.
What is the asking price?
The asking price for this property is $7,140,000.
What are key features of this property?
This property features: Brand new townhomes completed in 2025 with high‑end, quality finishes.; Highly desirable location between Denver and Boulder with walkable access to the Gold Line Light Rail.; Flexible investment options: operate as build‑to‑rent, per‑unit sell‑off, or lease‑to‑own.
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