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Multifamily

Mosaic Apartments

7100 E Evans Ave, Denver, CO 80224

Listing Price: Request For Offer

Number of Units
280
Occupancy
59.0%
Gross SF
230,000

Investment Overview

Marcus & Millichap is pleased to present Mosaic Apartments, a 280-unit multifamily community located at 7100 E Evans Avenue in southeast Denver. Originally built in 1973 and situated across two adjacent parcels totaling 8.40 acres, Mosaic offers residents a thoughtfully updated living experience combining scale, accessibility, and lifestyle appeal. The property features two four-story buildings with a diverse unit mix of 6 studios (433 SF), 188 one-bedroom units (706 SF), and 86 two-bedroom units (881 SF), each showcasing an attractive blend of classic design and modern upgrades. Interior improvements include LVP flooring, contemporary shaker cabinetry, updated countertops, new white appliances, and upgraded lighting and fixtures, enhancing livability and positioning the community competitively within its peer set.

Residents enjoy a comprehensive amenity package supporting a best-in-class live-work-play environment, including a resort-style swimming pool, resident clubhouse with billiards and party lounge, fitness center, business center, grilling and picnic areas, playground, and package service, along with ample covered and surface parking. These features, combined with the community’s scale, allow Mosaic to function as a self contained residential hub attractive to a wide renter demographic.

Mosaic benefits from a prime infill location with direct access to both I-25 and I-225, providing seamless connectivity to the Denver Tech Center, Cherry Creek, Downtown Denver, and the Anschutz Medical Campus—four of the metro’s largest employment centers. RTD light rail service and major bus routes along Evans Avenue further expand regional mobility. Surrounded by strong employment corridors, abundant retail and dining options, and expansive recreation at Cherry Creek State Park and James A. Bible Park, the property delivers an ideal balance of urban convenience and suburban livability.

With its combination of scale, upgraded physical condition, attractive debt assumption, and irreplaceable connectivity to Denver’s premier employment corridors, Mosaic Apartments represents a rare opportunity to acquire a high quality, institutionally sized asset at a compelling basis.

Investment Highlights

  • Institutional 280-unit value-add asset with 36% vacancy and $1.3M+ income upside upon stabilization—rare scale and clear path for significant rent and occupancy growth.
  • Prime infill location with direct access to I-25/I-225, Denver Tech Center, Cherry Creek, Downtown, and light rail—positioned in a supply-constrained, high-income submarket.
  • Significant rent-to-own affordability gap—Mosaic rents are 66% below nearby homeownership costs, driving durable renter demand and long-term occupancy strength.

Exclusively Listed By

Financing By

Multifamily

Mosaic Apartments

Listing Price: Request For Offer

Number of Units
280
Occupancy
59.0%
Gross SF
230,000

Investment Highlights

  • Institutional 280-unit value-add asset with 36% vacancy and $1.3M+ income upside upon stabilization—rare scale and clear path for significant rent and occupancy growth.
  • Prime infill location with direct access to I-25/I-225, Denver Tech Center, Cherry Creek, Downtown, and light rail—positioned in a supply-constrained, high-income submarket.
  • Significant rent-to-own affordability gap—Mosaic rents are 66% below nearby homeownership costs, driving durable renter demand and long-term occupancy strength.

Investment Overview

Marcus & Millichap is pleased to present Mosaic Apartments, a 280-unit multifamily community located at 7100 E Evans Avenue in southeast Denver. Originally built in 1973 and situated across two adjacent parcels totaling 8.40 acres, Mosaic offers residents a thoughtfully updated living experience combining scale, accessibility, and lifestyle appeal. The property features two four-story buildings with a diverse unit mix of 6 studios (433 SF), 188 one-bedroom units (706 SF), and 86 two-bedroom units (881 SF), each showcasing an attractive blend of classic design and modern upgrades. Interior improvements include LVP flooring, contemporary shaker cabinetry, updated countertops, new white appliances, and upgraded lighting and fixtures, enhancing livability and positioning the community competitively within its peer set. Residents enjoy a comprehensive amenity package supporting a best-in-class live-work-play environment, including a resort-style swimming pool, resident clubhouse with billiards and party lounge, fitness center, business center, grilling and picnic areas, playground, and package service, along with ample covered and surface parking. These features, combined with the community’s scale, allow Mosaic to function as a self contained residential hub attractive to a wide renter demographic. Mosaic benefits from a prime infill location with direct access to both I-25 and I-225, providing seamless connectivity to the Denver Tech Center, Cherry Creek, Downtown Denver, and the Anschutz Medical Campus—four of the metro’s largest employment centers. RTD light rail service and major bus routes along Evans Avenue further expand regional mobility. Surrounded by strong employment corridors, abundant retail and dining options, and expansive recreation at Cherry Creek State Park and James A. Bible Park, the property delivers an ideal balance of urban convenience and suburban livability. With its combination of scale, upgraded physical condition, attractive debt assumption, and irreplaceable connectivity to Denver’s premier employment corridors, Mosaic Apartments represents a rare opportunity to acquire a high quality, institutionally sized asset at a compelling basis.

Exclusively Listed By

Financing By

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