Multifamily
Postmark at Littleton
5579 S Windermere St, Littleton, CO 80120
Listing Price: $13,500,000
Investment Overview
The Postmark at Littleton presents an opportunity to acquire a stabilized, 92-unit multifamily community with strong in-place cash flow, significant recent capital investment, and multiple avenues for revenue growth. Currently 95.7% occupied, the property benefits from approximately $2.2 million in completed capital improvements, including major building systems, exterior upgrades, common areas, and unit renovations.
Situated on 1.70 acres just east of Historic Downtown Littleton, the property offers convenient access to light rail, major employment centers, and local amenities. With substantial capital improvements completed and approximately half of the units renovated, a new owner can capitalize on remaining interior upgrades, operational efficiencies, and additional income streams to drive NOI growth and long-term value.
Postmark at Littleton
Investment Highlights
- Stabilized Occupancy – Physical occupancy is 95.7%, up from 92% on a trailing 12-month basis. A new owner can focus on collections and rent growth rather than lease-up.
- Basis Below Recent Comparable Sales – At $146,739 per unit, The Postmark is priced below all ten comparable Denver-metro sales in the offering memorandum, which averaged $173,591 per unit.
- $2.2M invested since 2021, including new windows, boilers and exterior upgrades, with ~50% of units renovated and additional value-add upside remaining.
- Rents remain 8.3% below prior peak while the property is 98.9% leased, offering organic rent growth plus additional income from parking and in-unit laundry.
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Listing Price: $13,500,000
Investment Highlights
- Stabilized Occupancy – Physical occupancy is 95.7%, up from 92% on a trailing 12-month basis. A new owner can focus on collections and rent growth rather than lease-up.
- Basis Below Recent Comparable Sales – At $146,739 per unit, The Postmark is priced below all ten comparable Denver-metro sales in the offering memorandum, which averaged $173,591 per unit.
- $2.2M invested since 2021, including new windows, boilers and exterior upgrades, with ~50% of units renovated and additional value-add upside remaining.
- Rents remain 8.3% below prior peak while the property is 98.9% leased, offering organic rent growth plus additional income from parking and in-unit laundry.
Investment Overview
The Postmark at Littleton presents an opportunity to acquire a stabilized, 92-unit multifamily community with strong in-place cash flow, significant recent capital investment, and multiple avenues for revenue growth. Currently 95.7% occupied, the property benefits from approximately $2.2 million in completed capital improvements, including major building systems, exterior upgrades, common areas, and unit renovations. Situated on 1.70 acres just east of Historic Downtown Littleton, the property offers convenient access to light rail, major employment centers, and local amenities. With substantial capital improvements completed and approximately half of the units renovated, a new owner can capitalize on remaining interior upgrades, operational efficiencies, and additional income streams to drive NOI growth and long-term value.
Exclusively Listed By
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