3425 W Colfax
Denver, CO 80212
QOZ Tax Benefits
Investing in a multifamily property within a Qualified Opportunity Zone (QOZ) offers significant tax advantages, making it an attractive opportunity for long-term wealth creation. QOZ assets provide capital gains tax deferral, allowing investors to reinvest realized gains into a qualified fund and delay tax payments until 2026. Additionally, if the investment is held for at least 10 years, investors can benefit from a complete exemption from capital gains tax on the property’s appreciation—a major advantage in Denver’s high-growth real estate market. With Denver’s strong rental demand and ongoing economic expansion, owning a multifamily asset in a QOZ not only enhances return potential but also supports the city’s revitalization efforts, making it a win-win for investors and the community alike.
Prime Location in Sloan’s Lake with Excellent Access to Downtown Denver
The Quimby is in the western neighborhood of Sloan’s Lake, with its unique blend of local shops, restaurants, and breweries. Tenants enjoy nearby Sloan’s Lake, the largest lake in Central Denver, as well as Dry Gulch Park and the W Line commuter rail, linking West Denver to Denver’s Union Station.
Diverse Floor Plans & Higher Rental Income Potential
The studio and one-bedroom units offer a diverse mix of floorplans, allowing for higher rental rates per square foot but keeping the monthly rent more affordable than competitors. Features such as in-unit washers and dryers and modern designer kitchens enhance the property’s appeal, justify premium rental prices, and lead to higher tenant renewal rates. The property caters to a wide range of tenant needs and preferences with efficient units and community amenities. This all increases the property’s attractiveness to various demographic groups and offers the perfect home for each tenant.
When evaluating your options for a partner to assist with the sale of your multifamily asset, there are a number of factors you may consider. From experience and market knowledge to marketing prowess and ongoing support, each plays an integral role in creating a positive experience and a profitable outcome. Yet the one competency you may never have considered could be the one that matters most: the ability to move capital across markets efficiently and effectively.
MMG possesses a unique combination of talent, resources, expertise, and access that delivers an elevated experience from acquisition to disposition. Discover the benefits of a partnership with us.