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8220 E 36th Ave Units 18-23, Denver, CO 8240 E 36th Ave Units 33-36, Denver, CO
A Line Townhomes
Asset ClassMultifamily
# Units10
Year Built: 2022Access Data Room
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Overview

A Line Townhomes Central Park is a newly delivered townhome community in the heart of Denver’s Central Park neighborhood, offering a limited collection of large, for-sale quality rental residences in a supply-constrained, high-income submarket. The property is 100% occupied and comprised of expansive three- and four-bedroom homes averaging just over 2,000 square feet, each with a dedicated home office, private outdoor space, and oversized two-car attached garage. High ceilings, broad windows, and open-concept floorplans create a light-filled, residential feel that lives more like modern ownership housing than conventional rental product.

 

Interiors feature chef-driven kitchens with quartz countertops, large center islands, gas cooking, and stainless-steel appliances, paired with spa-style bathrooms, frameless glass showers, walk-in closets, and designer finishes throughout. Upper levels offer generous bedroom suites with abundant natural light, while main living levels open to private decks or balconies. Lower levels provide flexible living space, additional bedrooms or offices, and direct garage access, creating a true townhome living experience with privacy, scale, and functionality rarely found in transit-oriented rental communities.

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Investment Highlights

Stabilized Demand 100% occupied with leasing that exceeded expectations, reflecting sustained demand for large, for-sale quality townhome rentals.

 

Best-in-Class Construction Quality Developed by Shea Properties and D.H. Friedman, both highly regarded and reputable local developers with a long-standing track record of award-winning execution and practicality.

 

Affordability, Income & Credit Strength Rent-to-income averages ~26% (median ~20%), supported by a dual-income, white-collar tenant base across healthcare, technology, finance, education, legal, and government sectors, driving consistent collections and low default risk.

 

Severe Supply Scarcity Virtually no competing 3- or 4-bedroom apartments, townhomes, or single-family rentals in the immediate submarket.

 

Transit & Walkable Retail Access 0.3-mile walk to the Central Park A-Line (Union Station ~20 min, DIA ~22 min) and steps from A Line Square anchored by Sprouts and neighborhood services.

 

Below Replacement Cost Basis Implied pricing sits approximately $100–$125 per square foot below the cost to deliver comparable three-story townhome construction today.

 

Embedded Individual Value & Exit Optionality Separately platted residences offered at roughly a 15%+ discount to recent Central Park townhome resales, creating immediate embedded value and a clear path to premium unit-by-unit dispositions.

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8220 E 36th Ave Units 18-23Denver, CO 80238
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