Warren Avenue Townhomes Silverthorne, CO
Access CA / Doc CenterWarren Avenue Townhomes
Address
359-363 Warren Avenue
Silverthorne, CO 80498
Investment Highlights
- Truly Turnkey: Comprehensive Capital Improvements Completed
- True Townhome Construction in a Rental Wrapper
- Best in Class Parking: 2 Garages Spaces and 2 Surface Spaces Per Unit
- Workforce Housing in a Supply Constrained Submarket
- Walkable Access to Silverthorne's Primary Retail Corridor
- Free and Clear Offering with Full Financing Flexibility
- Mountain Submarket Exposure at a Workforce Basis
- Superior Unit Mix: 100% Two Bath, Full In-Unit Amenities
Truly Turnkey: Comprehensive Capital Improvements Completed
Current ownership has completed a comprehensive capital improvement program since acquiring the property, delivering a stabilized asset with minimal near-term capital obligation. Improvements completed include a brand-new roof across all three buildings, a brand-new heat trace system critical at Silverthorne's 8,750-foot elevation for protecting roof lines, gutters, and eaves from ice damming, brand-new garage doors at every two-car attached garage, fresh exterior paint, and updated interior finishes across the unit base. A prospective buyer inherits a low capex profile going forward and can focus on day 1 operations and rent growth rather than deferred maintenance.
True Townhome Construction in a Rental Wrapper
The property is built as true townhome construction across three single-story buildings, with private entries, attached two-car garages, and private patios delivering a for sale quality living experience in a rental configuration. This product type drives longer tenant tenure and lower turnover and is a configuration rarely available at this price point in Summit County. The result is a rental asset that competes on product quality with for sale inventory rather than with conventional apartment stock.
Best in Class Parking: 2 Garages Spaces and 2 Surface Spaces Per Unit
Every unit features an attached two-car garage, with 26 additional surface spaces supplementing the 26 attached garage bays for a combined parking ratio of 4 spaces per unit. In Summit County, where two vehicle households are the norm and secure winter vehicle storage is a meaningful tenant draw, this configuration is a decisive leasing advantage over competing workforce inventory. The attached garage structure also supports premium garage rent as an ancillary income opportunity for a prospective buyer.
Location Map
Amenities
Amenities
Unit Amenities
- 2 & 3 Bedroom Townhome Layouts (1,100 to 1,200 SF)
- Full 2-Bath Configurations
- In-Unit Washer/Dryer
- Attached 2-Car Garage
- Private Patio
- Updated Interior Finishes
- Private Entries
- Full-Size Kitchen Appliances
Community Amenities
- Surface Parking Available
- New Garage Doors
- Fresh Exterior Paint
- In-House Property Management
- Walkable Location Blocks from Bluebird Market, Outlets at Silverthorne, & the Blue River Parkway Retail Corridor
- Direct Access to the Summit Stage Free Regional Transit System
- Proximity to Blue River Trail & Open Space Corridor
- Common Area Landscaping
- Snow Removal
Team
Brokerage Team
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.
