Where to Find Multi Family Homes for Sale in Colorado
Colorado’s economy is booming, and investors are taking notice.
The economy is growing fast, and housing prices are soaring, so many investors are seeking multi family homes for sale in Denver, Boulder, and beyond.
Here, we’ll show you how to find both multi family and commercial properties for sale in Denver, Colorado Springs, Boulder, Ft. Collins, and more.
Most importantly, we will show you how searching off-market properties can give you a competitive edge in the market and increase your ROI.
Finding Multi Family Homes for Sale in Denver
Despite the rising cost of living, Denver remains an economic powerhouse in the West, growing at an incredible pace.
With new tech and telecommunications companies flocking to the Mile High City, Denver has also seen an unprecedented boom in commercial real estate investment opportunities.
Commercial real estate investments are up, and market profits continue to soar.
Finding the perfect investment property can be cumbersome, so we’ve assembled a list of the best places to find multi family real estate for sale in Colorado.
LoopNet is the leader in commercial and multi family property listings. With over 500,000 listings on their website, investors can find dozens of commercial and multi family units for sale in Colorado.
The platform lets you filter search results by property type, location, size, and more. LoopNet also provides detailed demographic information for each listing.
CREXi features listings for multi family and other commercial properties. Customize a search with dozens of filters, including property type and size. Add additional keywords to narrow down your search further.
Investors can search on-market listings throughout Colorado, including Denver, Boulder, Colorado Springs and the surrounding areas on Showcase.
Find listings in a variety of property types, from apartment buildings to industrial spaces.
Local CRE specialist Unique Properties is Denver’s most experienced commercial brokerage firm. Unique Properties is locally owned and operated, with over 40 years of Denver commercial real estate experience.
Search available commercial and multi family listings on their website or contact a broker directly to inquire about available properties.
Eagle Business Brokers
Eagle Business Brokers is a Denver-based commercial real estate firm serving the Metro area since 1980. The firm specializes in business acquisitions and commercial real estate, serving clients within 100 miles of Denver.
ColoProperty.com is a cooperative effort between five real estate boards in Colorado. Investors can search MLS listings for multi family homes, retail property, office buildings, and others on one comprehensive website.
Filter by property type, location, price, and more.
Finding Multi Family Homes for Sale in Boulder
The websites above are also helpful for investment property searches outside the Denver Metro area. Many of Colorado’s other large cities – Boulder, Colorado Springs, and Fort Collins – are seeing unprecedented growth as well.
Many leading tech, aerospace, and environmental companies are relocating to Colorado, settling in areas outside Denver.
Boulder is a booming market for multi home property investors. With its proximity to the University of Colorado and a thriving economy based on aerospace, tech, and innovation, Boulder is a hot spot for multi family housing.
Colorado Group: Boulder
A local leader in Boulder-area commercial and investment properties, the Colorado Group boasts nearly 40 years in business.
Visitors to their site can search available properties including multi family units, industrial buildings, office space, and retail locations.
Dean Callan & Company, Inc: Commercial Real Estate in Boulder
For investors interested in commercial real estate in and around Boulder, Dean Callan & Company, Inc. offers decades of trusted experience.
Search available CRE listings throughout Boulder and surrounding cities, and filter by property type.
Finding Multi Family Homes for Sale in Colorado Springs
Colorado Springs features a heavy military presence. The city is home to NORAD, two Air Force Bases, the Air Force Academy, and a nearby Army Base. Rental housing is always in high demand in Colorado Springs.
Colorado Springs is also home to several colleges and universities and the Olympic Training Center. The city enjoys continuous job growth above the national average, yet housing prices are lower than the Denver and Boulder areas overall.
Olive Real Estate Group
Investors can search a wide array of available properties through Olive Real Estate Group, a Colorado Springs-based firm established in 1976.
Featured listings include retail space, industrial buildings, multifamily units, office space, and special purpose properties.
Founded in 1984, the Highland Commercial Group features over 200 years of combined experience between brokers.
The firm serves clients throughout Southern Colorado, including Colorado Springs and the surrounding areas. Interested investors can search available commercial properties by list or map on the website.
Finding Multi Family Homes for Sale in Fort Collins
Fort Collins continues its steady economic growth, thanks in large part to Colorado State University and its affiliated colleges.
The city has also seen an influx of alternative energy companies and tech giants. Commercial real estate and multi family home investments remain lucrative in Fort Collins.
Affinity Real Estate Partners
Affinity Real Estate Partners and NAI Infinity are based in Northern Colorado and serve investors in Fort Collins and the surrounding areas.
Find information about investment opportunities and search available listings throughout Northern Colorado.
Mentioned earlier in this article, ColoProperty is a cooperative between five Colorado real estate boards.
ColoProperty.com is one of the best resources to find available properties throughout Fort Collins, as well, and features an easy-to-navigate search tool.
Multi Family Houses for Sale Near Colorado Ski Resorts
Investment properties near Colorado’s ski resorts offer exceptional ROI. Ski resorts welcome millions of visitors every year, both in winter and summer.
Commercial real estate continues to see an increase in leasing rates annually as more businesses enter high country communities.
Hotels, condos, and other short-term rentals in ski resort communities command higher rates than nearly anywhere else in the state.
While winter is the prime time for tourism, short-term rental facilities remain mostly full year-round as many visitors flock to the mountains to escape the summertime heat.
Because ski resort communities are spread throughout the western half of Colorado, a more extensive search tool like LoopNet or Showcase (mentioned above) will be your best bet for finding commercial real estate of multi family homes for sale in Colorado’s ski resort communities.
For Sale by Owner Listings in Colorado
Many investors find that online platforms like LoopNet or Showcase attract too much competition from other investors.
For this reason, some buyers turn to for sale by owner, or FSBO, platforms to increase their chances of getting a great deal.
Craigslist allows investors to search properties in most large cities across the country. If you’re searching for commercial real estate for sale in Denver, for instance, choose the Colorado > Denver Craigslist forum and provide a keyword like “commercial real estate” or “multi family houses for sale.”
While Craigslist often allows you to connect directly with owners and therefore avoid broker fees, it’s challenging to navigate and doesn’t allow many filter options.
It’s important to note that anyone can post a listing on Craigslist, so investors should be cautious about the properties they find on this platform.
Oodle is an online marketplace similar to Craigslist. Investors can search available real estate listings in any area within the United States and connect directly with property owners.
However, the website is a bit cumbersome to use and, while the filters are better than on Craigslist, it’s still difficult to find exactly what you’re looking for on Oodle.
Search Multi Family Homes Off-Market with Reonomy
There are many reasons why an investor or sales broker would search off-market for multi family assets.
Less competition: For one, without properties being publicly advertised for sale, there’s going to be a lot less competition.
Heavy competition often leads to price hikes and more difficult communication with decision-makers.
Better value: Without the need for brokers and other intermediaries, and without the competition of other buyers, you can often find an asset for a more favorable cost, while giving 100% of that cost to the actual owner.
Reonomy lets you search off-market through the entire supply of multi family assets in the U.S.—from duplexes, to the largest apartment buildings in the nation.
More options: There are only so many properties listed for sale at one given point in time. When going off-market, you gain access to entire markets. And given the amount of space and land in Colorado, your ideal investment could just be sitting there waiting for you to pounce.
Reonomy has sales and other filters in place to help you sort through markets, discover properties likely to sell, to then reach out and close them. We’ll touch on how to do that below.
Examples of How to Find Multi Family Homes in Colorado
If you’re ready to start your search, we’ve got a step-by-step guide to help you find available investment properties in Colorado using the most popular online search platforms.
Duplex For Sale in Denver: Search with LoopNet
LoopNet is the online search leader for commercial and multi family properties.
To find available listings in Denver, go to LoopNet, choose “multi family” in the drop-down menu, and choose a geographic area (in this case, Denver) to search.
The search will pull up a map of properties in the Denver area. Click the “Remove Boundary” tab to widen the search area. Narrow search results by clicking the “More Filters” button at the top of the screen.
Click on a property to see more specific details and find contact information for the selling agent.
Scroll further down the property listing page to find demographics for this area.
Commercial Real Estate for Sale Search in Boulder Using CREXi
CREXi is another great search engine for investors. From the CREXi homepage, enter your desired city (Boulder) into the search bar and choose property types from the drop-down menu, such as multi family.
One advantage of CREXi is the number of available property types, allowing investors to pinpoint what kind of property they’re looking for: retail, medical office, mixed-use, storage facilities, and more.
Search results appear in tile format on the left and map format on the right. Click on the “Advanced Filters” button to refine the results.
Click on any property for more detailed information. Unlike LoopNet, CREXi doesn’t offer demographic information for each property, but will still give the name, phone number, and email of the (selling) owner or broker.
Multi Family Homes for Sale Search in Fort Collins Using Showcase
Showcase is a listing platform featuring properties for rent and sale in the United States. In this case, we’re performing a search for available multi family homes for sale in Fort Collins and the surrounding areas.
First, enter “Fort Collins” into the search bar and click “For Sale” to search.
On the results page, click the “Property Types” drop-down menu and select “Apartment Buildings/Multi Family.” The results page for Fort Collins city limits shows only a handful of available properties.
Zoom out to search more multi family for sale listings near Fort Collins.
Click on any property to see details about the listing. Showcase’s information isn’t as detailed as LoopNet, but it does provide cap rates, building size, current lease rates, and broker contact information.
Boulder MSA Multi Family Search Using Reonomy
Reonomy’s off-market search platform allows you to search the entire supply of multi family and all other commercial asset types in the state of Colorado, and the nation at-large.
Though not a listings platform, investors and brokers can still very easily discover multi family homes likely to sell in Colorado and strike lucrative deals.
Below, we run a search for multi family properties in the Boulder, CO metropolitan statistical area.
With Reonomy, you can search by state, MSA, city, county, zip code, neighborhood, and street name.
Within your chosen location, you can search for specific asset types and sub-types:
Then narrow down your search based on further measurements of those assets (found in the Building & Lot tab):
You can search by unit count, building and lot size, year built, year renovated, and whether or not the property is in an Opportunity Zone tract.
To discover the properties likely to sell, the Sales tab allows you to sift through assets based on sales history. For instance, you can search for properties that haven’t sold in the last 10 years, thus signaling that the owner will likely listen to an offer.
No matter how many properties you’re left with in your search, you can dive into those properties individually or in bulk to unlock the names and contact information of the owners.
So, on top of avoiding the competition of other buyers, you can get directly in contact with the people that matter most.
Searching off-market platforms will increase the likelihood of getting a great deal on a property.
In a lot of cases, it is still best to mix and match a variety of resources to see which combination works best for you. In the end, smart searching can make property investing easier than you ever imagined possible.