Highlights
• Twin T construction • Great unit mix with large floor plans • Solar panels • All major systems have been improved • Clear path to bringing rents to market
Description
Cinnamon Ridge Apartments is a well-kept residential community in the growing city of Arvada, Colorado, offering residents a balance of suburban comfort and urban accessibility with close proximity to parks, retail, dining, and major employment centers. With 69 units—ranging from a single studio to 22 one-bedrooms and 46 two-bedrooms—the property also provides the unique potential to convert the existing leasing office into a 70th unit. Significant recent improvements, including a new roof, upgraded energy-efficient windows, a modern boiler, and updated electrical panels, have enhanced both the building’s efficiency and its overall appeal. Current management has implemented a strategic plan to elevate rents based on the property’s strong condition, and a new operator could further increase revenue through targeted cosmetic upgrades to position the asset for top-of-market performance.
Listing Details
- Cap Rate
7.01%
- Tenancy
Multi
- Space Type
multifamily
- Sub Category
apartments-building
- Sale Type
Investment Sale
- Date Listed
12/2/2025
- Net Operating Income
$711,088
Property Specifics
- Property Name
Cinnamon Ridge Apartments | 7655 W 67th Ave
- Property Class
C
- No of Buildings
1
- No of Stories
4
- No of Units
70
- Year Built
1967
- Building Size
55,204 SF
- Lot Size
1.58 AC
- APN
39-023-00-013