Multifamily investing in the Denver metro

ZB3 Real Estate buys and improves older apartment communities in the Denver metro. We look for Class B and C buildings with 30 to 120 units, built between 1960 and 1999, where better management, rents brought to market over time and targeted renovations can improve how the property runs.

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We started in Denver. Our first investment was a South Denver 4-plex, and our first syndication was a 6-unit townhome property in Westminster. We know the metro block by block, and we still live here.

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What we look for in Denver submarkets:

• Steady job access to downtown, the Tech Center and the I-25 corridor.

• Older buildings priced below replacement cost.

• Owners who are tired, self-managing or facing a loan maturity.

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Denver is still absorbing a wave of new apartment supply. We expect that to settle in 2027 to 2028, and we are buying carefully until it does. Read our full view in Colorado Multifamily Market: Denver Metro, Colorado Springs and Northern Colorado on our blog.

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Common questions

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Do you buy in Denver proper or the suburbs?

Both. Recent deals have been in suburbs such as Westminster.

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What size properties do you buy?

Mostly 30 to 120 units, built 1960 to 1999.

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How can I invest with ZB3?

Join the investor list. We share deals with people we have a relationship with first.