2929 W Colorado Avenue
Multifamily | 23 Units
Marketing description
MMG Real Estate Advisors is pleased to present the opportunity to acquire 2929 W Colorado Avenue, a 23-unit value-add multifamily asset located in Denver's Barnum neighborhood along the high-demand South Federal Corridor. Situated one block off South Federal Boulevard with immediate access to I-25 and downtown Denver four miles away, the property sits at the center of one of the metro's densest workforce-housing submarkets - 44% renter-occupied, undersupplied at the Class C price point, and anchored by major demand drivers including the Federal Center campus, Auraria higher-education campus, and Empower Field at Mile High. With Denver's supply pipeline collapsing to a decade low and the funded Federal Boulevard BRT repricing the corridor ahead of 2030 service, a new owner acquires reset basis with multiple converging catalysts already in motion.
Investment highlights
- Prime South Federal Corridor Location
- Immediate Access to Major Denver Demand Drivers
- Deep, Stable Workforce Renter Pool
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