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Jefferson Apartments 6915 W 24th Ave 11 Unit Apartment Building $2,610,370 CAD ($237,306 CAD/Unit) Edgewater, CO 80214

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INVESTMENT HIGHLIGHTS

  • Immediate rental upside with no need for significant capital investment. Further valueadd potential through light interior renovations to enhance over
  • Substantial exterior and interior upgrades including new roof, exterior walkway, fresh paint, concrete foundation stabilization, doors, windows, HVAC
  • Close proximity to Edgewater Public Market, Sloan’s Lake Park, and a wide range of retail and dining amenities
  • No deferred maintenance or CapEx requirements, allowing new ownership to focus on rent stabilization and income growth
  • Prime location surrounded by West Highlands, Sloan’s Lake, Wheat Ridge, and Berkeley, strong long-term tenant demand & appreciation potential
  • Can be sold as portfolio w/ 10527 W 6th Pl, Lakewood & 5755 W 37th Ave, Wheat Ridge

EXECUTIVE SUMMARY

The Unique Apartment Group is pleased to present the opportunity to acquire 6915 W 24th Ave in Edgewater, Colorado, also known as The Jefferson Apartments.
The Jefferson Apartments is a low-rise multifamily asset comprised of approximately eleven (11) units, featuring a blend of nine (9) 1bedroom/1bathroom and two (2) 2bedroom/1bathroom units. The building totals roughly 8,744 SqFt on a 20,606 SqFt (0.47 AC) lot.
Current ownership has kept the property in excellent condition through consistent investment in maintenance and significant capital improvements within the last decade. Exterior improvements include a new roof, replacement of the exterior walkway, fresh exterior paint, and concrete foundation stabilization. Interior and system upgrades include HVAC replacement, new doors and windows throughout, LVP flooring in select units, and continued general system maintenance.
Located in the heart of Edgewater, Jefferson Apartments benefits from an exceptional location surrounded by abundant community amenities, including Edgewater Public Market, Sloan’s Lake Park, and numerous local restaurants and cafes. Nearby neighborhoods such as Wheat Ridge, West Highlands, Sloan’s Lake, and Berkeley provide additional retail, dining, and entertainment options, while Colfax Avenue and Sheridan Boulevard offer convenient access to downtown Denver and the broader metro area. These features collectively help drive long-term tenant demand and sustained value appreciation.
The property is currently operated by a Jefferson County non-profit organization, presenting a compelling opportunity for investors to reposition the asset under a traditional multifamily management model. The upside lies in aligning below-market rents with prevailing rates and improving operational efficiency through expense optimization. With a strong physical foundation already in place, the property offers room for a value-add strategy, giving new ownership the opportunity to modernize units, elevate presentation, and push rent values through thoughtful upgrades.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $2,610,370 CAD
Price Per Unit $237,306 CAD
Sale Type Investment
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.47 AC
Building Size 8,744 SF
Average Occupancy 100%
No. Stories 2
Year Built 1971
Parking Ratio 2.29/1,000 SF
Zoning R-3 Edgewater

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 9 - 700
2+1 2 - 900
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38327562

  • Date on Market: 2025-11-04

  • Last Updated:

  • Address: 6915 W 24th Ave, Edgewater, CO 80214

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