Tabor Lake Apartments
Multifamily | 97 Units
Marketing description
MMG Real Estate Advisors is pleased to present the exclusive listing of Tabor Lake Apartments, a 97-unit Class B+ multifamily community located at 12100 W 44th Avenue in Wheat Ridge, Colorado. The property was substantially renovated in 2024, delivering updated interiors and community amenities that position the asset competitively within the Wheat Ridge rental market. Situated directly adjacent to Tabor Lake and the Jefferson County greenbelt trail system, and less than half a mile from the Wheat Ridge/Ward Road RTD light rail station, the property captures persistent renter demand from residents who value both urban connectivity and outdoor lifestyle access. With strong occupancy, meaningful loss-to-lease upside, and no near-term capital requirements, Tabor Lake presents buyers with a stabilized, turn-key asset with a clear and immediate path to full market performance.
Investment highlights
- Strong In-Place Cash Flow with an Attractive Return Profile
- Stable, Seasoned Operations with Minimal Execution Risk
- Wheat Ridge: Denver Metro's Emerging Infill Submarket
- Substantially Renovated Asset at a Compelling Infill Basis
- Identifiable Mark-to-Market Rent Upside
- Exceptional Location with Direct Greenbelt & Lake Access
- Excess Developable Land with Embedded Value and Optionality
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