Denver's real estate game is hotter than ever, but the real wins lie in spotting tomorrow's prime neighborhoods today. Picture strolling down a street where craft breweries and co-working spaces are popping up, and a new transit line is about to make the commute a breeze. That's where savvy investors are heading - and you can, too.
Let's go through the top Denver neighborhoods to consider when you're real estate investing.
Best Neighborhoods for Investing Sloan's Lake
Sloan's Lake, situated just west of downtown Denver, is one of the city's most dynamic up-and-coming neighborhoods. It offers a blend of outdoor recreation, urban convenience, and ongoing development.
The neighborhood is centered around its namesake lake and park, which provide residents with stunning views of the Denver skyline and the Rocky Mountains, as well as ample opportunities for jogging, kayaking, paddleboarding, and picnicking.
This area has seen a significant influx of new development in recent years, including:
- Modern townhomes
- Luxury apartments
- Renovated single-family homes
These additions have attracted young professionals and families looking for a balanced lifestyle that combines city living with access to green spaces. That will make it easier for you to cut down on vacancies.
West Colfax
Long considered underrated on the list of up-and-coming Denver areas, West Colfax is undergoing a revitalization that combines:
- Urban accessibility
- Cultural diversity
- New development Denver real estate opportunities
The neighborhood's appeal lies in its strategic location along the West Line light rail, which provides seamless connectivity to downtown Denver and other parts of the city. This convenience has attracted young professionals and commuters looking for cheaper housing options with quick access to work and play.
Once you've purchased a West Colfax property, you might be interested in hiring property management help.
River North Art District
Known for its artistic energy and eclectic vibe, RiNo seamlessly blends urban charm with creative expression, making it a magnet for residents, tourists, and businesses alike.
From an investment perspective, RiNo offers excellent potential for both residential and commercial opportunities. The neighborhood's proximity to downtown Denver and its growing reputation as a cultural hotspot ensure high rental demand and property appreciation.
Montbello
As property prices have surged across the city, Montbello remains accessible, attracting first-time homebuyers and renters priced out of more central areas. The neighborhood's family-friendly atmosphere, spacious homes, and ample green spaces add to its appeal for those looking for a quieter, community-oriented lifestyle.
Montbello is also benefiting from infrastructure improvements and new commercial developments. The area's proximity to major transportation routes, including I-70 and Denver International Airport, positions it as a convenient hub for residents and businesses alike. Plans for further public transportation enhancements and community projects promise to bolster the neighborhood's connectivity and amenities.
Real Estate Investing: Get Started in Denver Today
There are so many great Denver neighborhoods to keep in mind for real estate investing. Now that you know some of the top options, you can dive in and figure out what's right for you.
Are you looking to hire property management support in Colorado? PMI Aspire is part of a national franchise brand that has been helping investors like you achieve their real estate dreams for over 20 years.
Contact us to learn more about our real estate management services.