Description
6 Town Homes: $3,800,000
4 Condos: $1,969,200
Arbory City Park West is a 41-unit condo project that was completed in 2023. There are 14 condos/town homes remaining that have not been sold. NorthPeak Commercial Advisors has been engaged to list two separate packages of condos/town homes for sale. These condos/town homes are also still being marketed individually by Compass Real Estate, simultaneously.
The first package available for sale includes four condos (2-1Br/1Ba + Den; 1-2Br/1Ba; 1-2Br/2Ba). This includes units 112, 114, 401, and 503. The asking price for the four condos is $1,969,200. All condo units have electric heat and cooling through high efficiency mini-split heat pump systems. In addition, all condo units have individual Xcel electric meters and tenants pay provider directly for heating/cooling expense monthly. All of these units are projected to pay $105/monthly utility reimbursement fee and additional $100/monthly fee for per parking space
The second package available for sale includes six town homes (6-2Br/2.5Ba). This includes units 212, 213, 214, 215, 216 and 217. All units are adjacent to each other and there are no units above or below these town homes located above the podium parking structure. These units have Aquatherm hot water heat, and this expense is included in HOA dues for town home units only. All of these units are projected to pay $146/monthly utility reimbursement fee and additional $100/monthly fee for per parking space
All water is included in HOA dues. Units with parking included currently pay $35/month maintenance fee per space in addition to regular monthly HOA dues.
Perfectly situated in one of Denver’s most sought-after neighborhoods, City Park West. The Arbory has the enviable convenience of being situated directly between City Park and Uptown while being equal distance from downtown and Cherry Creek, and near Cheesman Park and Denver’s Botanic Gardens. Take advantage of this rare opportunity to own one of 41 condominiums in such a highly sought-after area where you can live, work, and play within walking distance to everything in this thriving, historic neighborhood.
The Arbory offers apartments for sale in City Park West, one of the most sought-after communities in Denver. With amenities and interesting locations around, you are sure to find something to do every day. In this neighborhood, you have access to one of Denver’s top school districts and are only a few minutes away from the University of Denver. Moreover, it offers amazing views of the Rocky Mountains, and outdoor and indoor recreation. In this neighborhood, you’ll enjoy access to one of Denver’s premier school districts and be just minutes away from the University of Denver. Additionally, the area boasts stunning views of the Rocky Mountains and offers a variety of outdoor and indoor recreational activities.
Highlights
- Opportunity to own group of condos or town homes at discount to market rate.
- No individual can own more than 8 total units for the project to be warrantable to individual owners, so owners are offering two different packages of 4 or 6 units in bulk sale opportunity.
- 66% of the total units in the project have already been sold to individual owners.
- Home Owners Association fixed monthly expense covers most operating costs associated with owning these units, including insurance and all utilities except individual unit electric usage paid directly by renters.
Brokers
Joe Hornstein
. Principal(720) 939-2943.Joe@NorthPeakCRE.com
