New Arvada Townhomes: Investment
6643 - 6647 W 52nd Avenue Arvada, CO 80002
For Sale
$7,140,000
New 12-unit townhome portfolio in Arvada, completed in 2025.
Property Size21,000 SF
Price / SF$340
Days on Market423
Property Features for 6643 - 6647 W 52nd Avenue
General Information
- Standard status
- Active
- Size
- 21,000 SF
Building Details
- Year Built
- 2025
Listing Agency:
MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES OF ATLANTA, INC.
Listed By:
CLAYTON PRIMM
Source:
Corcoran
Added: May 29, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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.
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
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
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
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.
