Multifamily
Castle Rock SFR Portfolio
Various Addresses, Castle Rock, CO 80109
Listing Price: $6,300,000
Investment Overview
The Castle Rock SFR Portfolio offers a prime investment opportunity featuring 10 single-family home rental properties in Castle Rock, Colorado. This portfolio is available at a 14.02% discount from individual for sale values.
With an average 2015 year of construction, these homes require minimal maintenance, with all roofs inspected in the last year and three recently replaced. The properties are all located within 35 minutes of each other. Long-term tenants with low rents provide stable income, with solid rental upside potential.
The portfolio boasts historical low vacancy rates, both within the properties and the growing Castle Rock submarket. The portfolio discount was derived from the assessed (11.96%), comparable (17.30%), and Zillow (12.80%) values of the individual properties. All of the comparable sales are from 2024, and very closely mirror each property.
This portfolio is priced to offer over $1,000,000 in immediate value upon close of escrow. The new owner will also benefit from home warranties covering repairs and maintenance. The homes' HOA fees include access to amenities such as pools, sport courts, and parks.
All properties feature over four bedrooms and average 4,047 square feet, appealing to larger families. With an average annual home appreciation of 8.48% over the past decade in Castle Rock, this portfolio represents a strong cash flow opportunity and a solid long-term investment in a thriving market.
Investment Highlights
- Over $1,000,000 in Value upon COE
- Average YOC 2015
- Average Annual Appreciation of 8.48% in Castle Rock
Exclusively Listed By
Financing By
Listing Price: $6,300,000
Investment Highlights
- Over $1,000,000 in Value upon COE
- Average YOC 2015
- Average Annual Appreciation of 8.48% in Castle Rock
Investment Overview
The Castle Rock SFR Portfolio offers a prime investment opportunity featuring 10 single-family home rental properties in Castle Rock, Colorado. This portfolio is available at a 14.02% discount from individual for sale values. With an average 2015 year of construction, these homes require minimal maintenance, with all roofs inspected in the last year and three recently replaced. The properties are all located within 35 minutes of each other. Long-term tenants with low rents provide stable income, with solid rental upside potential. The portfolio boasts historical low vacancy rates, both within the properties and the growing Castle Rock submarket. The portfolio discount was derived from the assessed (11.96%), comparable (17.30%), and Zillow (12.80%) values of the individual properties. All of the comparable sales are from 2024, and very closely mirror each property. This portfolio is priced to offer over $1,000,000 in immediate value upon close of escrow. The new owner will also benefit from home warranties covering repairs and maintenance. The homes' HOA fees include access to amenities such as pools, sport courts, and parks. All properties feature over four bedrooms and average 4,047 square feet, appealing to larger families. With an average annual home appreciation of 8.48% over the past decade in Castle Rock, this portfolio represents a strong cash flow opportunity and a solid long-term investment in a thriving market.