La Alma — Sale in Denver, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Denver, CO 80204

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Investment Figures

Cap rate
5.86%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present La Alma Family Homes, a 20-unit scattered-site community comprising four buildings across three locations within a half-mile radius. The property features a strong unit mix, with 80% three-bedroom apartments, and offers a clear value-add opportunity through a contractual mark-to-market rent adjustment in November 2026. This is projected to increase gross scheduled rent by over $120,000. Located in Denver’s Lincoln Park neighborhood near the Santa Fe Arts District, the asset benefits from vibrant nightlife, dining, parks, and walkable access to the 10th & Osage Light Rail Station, providing convenient connectivity to the CBD and broader metro area. Investment Highlights: • Less than 2 miles from Downtown Denver with access to a major employment base anchored by top corporate employers and a diversified, growing economy. • Prime Lincoln Park location with direct I-25 access and connectivity to Downtown and Denver Tech Center, expanding renter demand across key employment hubs. • Proximity to DTC (11.5 miles) with 48M+ SF of office space and Fortune 500 presence, supporting strong long-term occupancy and rent growth.

Market Context

This multifamily in Denver, CO is listed for sale. It is offered at an approximate 5.9% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Denver, CO — view the full market.

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