West Nevada Place Townhomes

West Nevada Place Townhomes

Denver, CO
Available
  • Property Type: Apartments
  • Year Built : 2003
  • Property Size: 27,850 SF / 22 Units

Overview

Capstone Apartments Partners is pleased to present West Nevada Place Townhomes: a 22-unit townhome community in Denver, Colorado. The well-maintained property was built in 2003 and provides a unique opportunity to investors for a newer build affordable housing asset belonging to the LIHTC (Low-Income Housing Tax Credit) community. Seven of the units within West Nevada are not utilizing subsidies, thereby allowing new ownership to increase the yearly rental income by over $40,000. The Denver
metro has also emerged as a choice location for companies relocating from outside states, as well-established companies from all sectors are choosing Denver to grow their company and serve as the key driver for strong rent gains.

Investment Highlights

  • Newer construction built in 2003
  • Opportunity to raise rents.
  • Rare townhome style units with garages. 

Contact Information

Sean Holamon Senior Advisor P: 303.588.2119
O: 800.746.3175 ext. 758
sholamon@capstone-companies.com
Nik MacCarter Senior Advisor P: 303.909.2900
O: 800.746.3175 ext. 760
nmaccarter@capstone-companies.com
Jason Koch Partner P: 303.918.8909
O: 800.746.3175 ext. 751
jkoch@capstone-companies.com
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