8565 Ralston Rd Arvada, CO 80002
- Apartment buildings
- 34,618 SF
- 0.90 lot acres
Current Use by Public Records
- Emerson at Olde Town Townhomes / Townhouse Complex
Property Details for 8565 Ralston Rd
- Year built
- 2024
- Lot size
- 0.90 lot acres
- Property size
- 34,618 SF
- Property type
- Apartment buildings
Description
The Emerson at Olde Town presents a remarkable investment opportunity in the thriving Arvada, Colorado market. This newly constructed (2024) Class A apartment building comprises four three-story buildings, totaling 34,618 square feet on a 0.9-acre lot. The property features 24 spacious units, offering a diverse range of five floor plans including both two- and three-bedroom options, catering to a broad tenant demographic. Each unit boasts upscale finishes, including chef-inspired kitchens and private two-car garages with L2 car charging. Residents enjoy convenient access to the G Line commuter rail, connecting them to Denver Union Station, and the nearby Ralston Creek Trail. The property's prime location in Olde Town Arvada provides easy access to a vibrant mix of local shops, restaurants, breweries, and bakeries, as well as the Arvada Center for the Arts. Strong rental demand is fueled by Denver's declining homeownership rates and Arvada's escalating rental growth, creating a stable and potentially lucrative investment with high occupancy rates and competitive rental income. The property's modern amenities and desirable location position it for long-term appreciation, making it an attractive option for investors seeking a high-return asset in a rapidly growing market. The consistent demand for well-designed, spacious housing in Arvada, coupled with the limited supply of comparable properties, further enhances the investment potential. This property offers a compelling combination of immediate rental income and significant long-term growth prospects. The increasing investor interest in the Denver area, with a 11.5% year-over-year increase in investor home purchases, further supports the strong potential for future appreciation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arvada
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.092
- Latitude
- 39.8024
