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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.

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
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
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Very bikeable
80/100

Property Taxes

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
  • Listing ID: 40726601

  • Date on Market: 2026-05-30

  • Last Updated:

  • Address: 700 W Evans Ave, Denver, CO 80223

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