Overview
Marcus & Millichap is pleased to present La Alma Family Homes, a 20-unit scattered-site community comprising four buildings across three locations within a half-mile radius. The property features a strong unit mix, with 80% three-bedroom apartments, and offers a clear value-add opportunity through a contractual mark-to-market rent adjustment in November 2026. This is projected to increase gross scheduled rent by over $120,000.
Located in Denver’s Lincoln Park neighborhood near the Santa Fe Arts District, the asset benefits from vibrant nightlife, dining, parks, and walkable access to the 10th & Osage Light Rail Station, providing convenient connectivity to the CBD and broader metro area.
Investment Highlights
Connectivity to Downtown Denver:
La Alma Apartments is located less than two miles from Downtown Denver (approximately 10 minutes), providing direct access to one of the region’s largest employment hubs. Denver’s diversified economy is anchored by professional and business services, government, and financial sectors, with growing contributions from leisure and hospitality. Major employers such as BP, Wells Fargo, Transamerica, CenturyLink, and DaVita maintain a strong presence, further supported by 17 corporate relocations and expansions in 2023.
Accessibility to Additional Employment Centers:
Located in Denver’s Lincoln Park neighborhood, La Alma Apartments offers direct access to I-25 and is approximately 11.5 miles (±22 minutes) from the Denver Tech Center (DTC)—the metro’s second-largest employment hub with over 48 million square feet of office space. The DTC hosts six Fortune 500 companies, including Arrow Electronics, Dish Network, and Liberty Media, along with a deep base of private employers. With convenient access to both the DTC and Downtown Denver, the property is well-positioned to attract a broad renter base seeking connectivity to the region’s primary employment centers.
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