Multifamily Property for Sale in Denver, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Denver, CO 80216

Description

Marcus & Millichap is pleased to present Artway Denver, a 273-unit multifamily development site located in Denver, CO. Ideally positioned just steps from the 40th & Colorado A-Line Station, the property offers unmatched transit connectivity with direct access to Downtown Denver, Denver International Airport, and the broader metro area. The site is located within the historic Park Hill neighborhood, a community experiencing renewed energy through significant public investment in infrastructure, transit, and open space. Most notably, the transformation of the former Park Hill Golf Course into a 155-acre regional park — the largest addition to Denver’s park system in over a century — will deliver expansive recreational amenities, tree canopy expansion, and community gathering spaces, creating an enduring lifestyle draw for future residents. Artway Denver represents a rare opportunity to develop at scale in one of Denver’s most dynamic growth corridors, combining transit-oriented access with proximity to a landmark regional amenity. Planning assumptions are based in part on the City and County of Denver–approved 40th & Colorado Infrastructure Master Plan (IMP, 2024), prepared by Elmington Capital, Shopworks Architecture, and Flow Design Collaborative. A copy of the IMP is available upon request. Investment Highlights: • Attractive opportunity to develop 273 units with approved plans from City & County of Denver. • Prime location in Denver Metro's path of development. • High VPD count with ample access to popular locations such as grocery stores, parks & schools.

Market Context

This multifamily in Denver, CO is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 68 days. Compare it against other multifamily listings for sale in Denver, CO — <a href="/search/sale/multifamily/colorado/denver">view the full market</a>.

As of Q4 2025, the Denver multifamily market showed cap rates around 5.3%. Source: Consensus Q4 2025 market report.

Its 1.0% asking cap rate is below the Denver multifamily market average of about 5.3%, reflecting premium pricing relative to comparable assets.

Multifamily market FAQ

What is the typical cap rate for multifamily in Denver?
About 5.3% as of Q4 2025, per Consensus.

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