Kenai Capital Advisors ("Kenai"), as exclusive advisor to the seller, is pleased to present the opportunity to acquire the fee simple interest in Signalmen Apartments, located at 1259 Newton St, Denver, Colorado 80204 ("Property"), a 52-unit, 34,070 SF Class A multifamily community situated in Denver's highly sought-after Sloan's Lake / West Colfax neighborhood.

The Property represents a rare chance for investors to acquire a newly constructed, institutional-quality multifamily asset at a compelling basis below replacement cost.  Completed in 2023, Signalmen Apartments features contemporary studio, one bedroom, and two bedroom floor plans, with premium finishes including stainless steel appliances, in-unit washers and dryers, select units with private balconies and patios, and individual heating and cooling systems. Building amenities include a fitness center, bike storage, package receiving room, available private storage units, and covered parking. 

With direct connectivity to I-70, I-25, and Denver’s RTD light rail network (the nearest RTD station is just 500 yards away), the property’s location gives its residents convenient access to downtown Denver and the surrounding metro. The nearby RTD light rail stop for the W line provides direct access to Denver’s Ball Arena - home to the Denver Nuggets (NBA), Colorado Avalanche (NHL), Colorado Mammoth (NLL), and a major concert venue, Burnham Yards (future Denver Broncos stadium), and downtown Denver’s Union Station. The Property benefits from a strong resident base drawn to the neighborhood’s vibrant mix of retail, restaurants, entertainment, and recreational amenities anchored by Sloan’s Lake Park.

Signalmen Apartments delivers an attractive value for investors seeking  a newly constructed class-A multifamily property in one of Denver’s most active and growing corridors.