The Townes at Skyline Ridge Portfolio
- Sales Price 4,350,000
- Price Per Sqft $309
- Number of Units 10
- Status For Sale
- Year Built 2024
- Property Type Commercial
Property Highlights
- Newer-Construction Portfolio: Built in 2024, Limiting Near-Term Capital Improvement Needs
- 10-Unit Portfolio Within the Townes at Skyline Ridge Community
- 90% Leased: 9 of 10 Units Currently Occupied with One Unit of Lease-Up Upside
- Uniform Unit Mix: Consistent 3BR/2.5BA Floor Plan Across All 10 Residences
- Attached Two-Car Garage in Every Unit
- Two-Building Portfolio (6-Unit & 4-Unit) Under Single Ownership for Operational Efficiency
- Strategic I-25 Corridor Location Between Denver and Colorado Springs
- Near the Outlets at Castle Rock, King Soopers & Starbucks
- Convenient Access to Denver Tech Center, Denver Metro, Castle Rock & Colorado Springs
Investment Summary
This is a rare opportunity to acquire a portfolio of 10 townhomes within the Townes at Skyline Ridge community in Castle Pines, Colorado — one of the Front Range’s most sought-after growth corridors. This offering represents 10 units within the larger Townes at Skyline Ridge community, not the community in its entirety. Built in 2024 across two buildings — a six-unit and a four-unit — every home in the portfolio shares the same 3-bedroom, 2.5-bathroom configuration and an attached two-car garage, a layout that continues to perform well with renters throughout the Denver metro area.
The portfolio is currently 90% occupied, with 9 of the 10 units leased and one unit offering immediate lease-up potential. Because every residence shares the same bed/bath count, garage configuration, and 2024 construction, ownership benefits from real operational efficiencies and limited near-term capital improvement needs — a portfolio built to run smoothly from day one.
Location is central. Castle Pines sits along the I-25 corridor between Denver and Colorado Springs, giving residents convenient access to the Outlets at Castle Rock, King Soopers, and Starbucks for everyday needs, along with direct connectivity north to Lone Tree, the Denver Tech Center, and the greater Denver metro area, and south to Castle Rock and Colorado Springs. Surrounding parks, trails, and open space add to the strong residential appeal that continues to draw tenants to this corridor.
Whether you’re building a multifamily portfolio, adding newer-vintage product to a growing rental strategy, or looking for a stabilized asset with room to grow, the Townes at Skyline Ridge portfolio offers a straightforward, well-positioned way to put capital to work in one of Denver’s fastest-growing submarkets.