The Newell Team at Pinnacle Real Estate Advisors is pleased to present the Olde Town Arvada Portfolio—an exceptional opportunity for qualified investors to acquire two adjacent multifamily assets totaling 44 units, just ¼ mile north of Olde Town Arvada in Arvada, CO.<br />The portfolio consists of predominantly two-bedroom units (95%), with over half featuring recent upgrades, including renovated kitchens and bathrooms, as well as in-unit washer/dryer hookups. Significant capital improvements have been completed, including newer roofs, windows, and sliding doors, along with various interior and exterior renovations. Both properties sit<br />on prominent hard corners directly across from one another, providing excellent visibility and street presence along Olde Wadsworth Blvd. Aspen Leaf and Olde Town Terrace have been self-managed for decades, creating immediate value-add potential through professional management and further renovations that can support meaningful rent growth. Notably, proforma rents are<br />already being achieved on some units, underscoring the immediate rental upside.<br />Just steps from Olde Town Arvada’s vibrant mix of bars, restaurants, boutiques, and the G Line commuter rail station, this portfolio is ideally positioned to attract a strong and growing tenant base. Residents benefit from easy access to Downtown Denver, the foothills, public parks, and major employment centers.<br /> <br />This offering represents a rare opportunity to acquire a strategically located, value-add multifamily portfolio in one of Colorado’s most desirable submarkets at a cost of just $201/SF, far less than replacement cost.<br />Properties can be purchased individually or as a portfolio.
