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Executive Summary
Overland Riverside Townhomes consists of 14 thoughtfully designed townhomes offering a unique residential community in Denver’s Overland neighborhood. The property features five distinct floorplans with a mix of 2- and 3-bedroom residences, providing flexible living options that appeal to a wide range of residents. The community is fully leased and professionally managed, with a design focused on providing the space and privacy of a townhome while maintaining the convenience and contemporary feel of modern urban living.
Each residence features modern architecture, open-concept floorplans, stainless steel appliances, contemporary finishes, attached garages, and private rooftop decks that expand the living space and provide an attractive outdoor amenity for residents. The homes were designed to meet the needs of today’s renters, offering additional flexibility through floorplans that accommodate home offices, guest rooms, and growing households. Residents also benefit from a secure package room and professionally maintained common areas.
Located in the heart of the Overland neighborhood, the property provides convenient access to Santa Fe Drive, allowing for easy north-south travel throughout the Denver metro area. Residents are just minutes from Downtown Denver, South Broadway, the South Platte River Trail, Ruby Hill Park, RTD Light Rail stations, and a variety of dining, shopping, and entertainment destinations. The surrounding area continues to see new residential and commercial development, making Overland one of Denver’s most active and evolving neighborhoods while maintaining its unique character and connectivity to the city’s major amenities.
Each residence features modern architecture, open-concept floorplans, stainless steel appliances, contemporary finishes, attached garages, and private rooftop decks that expand the living space and provide an attractive outdoor amenity for residents. The homes were designed to meet the needs of today’s renters, offering additional flexibility through floorplans that accommodate home offices, guest rooms, and growing households. Residents also benefit from a secure package room and professionally maintained common areas.
Located in the heart of the Overland neighborhood, the property provides convenient access to Santa Fe Drive, allowing for easy north-south travel throughout the Denver metro area. Residents are just minutes from Downtown Denver, South Broadway, the South Platte River Trail, Ruby Hill Park, RTD Light Rail stations, and a variety of dining, shopping, and entertainment destinations. The surrounding area continues to see new residential and commercial development, making Overland one of Denver’s most active and evolving neighborhoods while maintaining its unique character and connectivity to the city’s major amenities.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$731,997
|
$37.04
|
| Other Income |
$37,008
|
$1.87
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$769,006
|
$38.91
|
| Taxes |
$47,080
|
$2.38
|
| Operating Expenses |
$105,114
|
$5.32
|
| Total Expenses |
$152,194
|
$7.70
|
| Net Operating Income |
$616,812
|
$31.21
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $731,997 |
| Annual Per SF | $37.04 |
| Other Income (CAD) | |
|---|---|
| Annual | $37,008 |
| Annual Per SF | $1.87 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $769,006 |
| Annual Per SF | $38.91 |
| Taxes (CAD) | |
|---|---|
| Annual | $47,080 |
| Annual Per SF | $2.38 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $105,114 |
| Annual Per SF | $5.32 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $152,194 |
| Annual Per SF | $7.70 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $616,812 |
| Annual Per SF | $31.21 |
Property Facts
| Sale Type | Investment | Lot Size | 0.28 AC |
| No. Units | 14 | Building Size | 19,762 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2024 |
| Building Class | C | ||
| Zoning | U-MX-3 | ||
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 19,762 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2024 |
| Zoning | U-MX-3 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Sprinkler System
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 14 | - | 1,283 - 1,980 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 5273-12-024 | Total Assessment | $611,251 CAD |
| Land Assessment | $42,525 CAD | Annual Taxes | $47,080 CAD ($2.38 CAD/SF) |
| Improvements Assessment | $42,525 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
5273-12-024
Land Assessment
$42,525 CAD
Improvements Assessment
$42,525 CAD
Total Assessment
$611,251 CAD
Annual Taxes
$47,080 CAD ($2.38 CAD/SF)
Tax Year
2025
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Overland Riverside Townhomes | 700 W Evans Ave
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