Best Townhouse Communities in Denver? (for sale, rental, townhouses)

[stevet47]

My wife and I are in our late 20's and moving to the Denver area from Philadelphia in the next 2-3months. We are looking to buy a townhouse to live in for approximately 1 year, then purchase a house once we learn the areas, and keep the townhouse as a rental property.

We will be buying the townhouse with renting it in mind, so we don't really care where it is located, as long as it is in a safe area that is attractive to high quality tenants.

I am finding 2 bed 1.5-2 bath townhouses for sale in the Denver area for anywhere between $50,000 and $300,000, so obviously some areas are demanding a much higher price point than others.

We are looking to spend for no more than $125,000, and looking to get ~$900/month in rent. Do you have any areas or specific townhouse communities to look into?

Thank you!

[davebarnes]

You need to read this
https://www.city-data.com/forum/denve...nd-denver.html

[Willy702]

Communities mean nothing for the most part unless they have age requirements. And yes indeed look at the thread I started, you have no idea how hard it can be to get a townhouse until you start putting in bids and finding out how many offers are made and how the cash offer always wins.

[stevet47]

I have read that article. When you talk about the 'lower end of denver', why is it that this is only happening there? Is there a reason I couldn't buy elsewhere in Denver? Is it less desirable, or higher priced, etc?

[davebarnes]

Originally Posted by stevet47

I have read that article. When you talk about the 'lower end of denver', why is it that this is only happening there? Is there a reason I couldn't buy elsewhere in Denver? Is it less desirable, or higher priced, etc?

Lower means lower price, not a lesser location.
Denver means "greater Denver", not the City & County of Denver.

[stevet47]

Originally Posted by davebarnes

Lower means lower price, not a lesser location.
Denver means "greater Denver", not the City & County of Denver.

haha, now that makes perfect sense, I was reading it as "What is really going on in the lower-end-of-Denver's housing market" in my mind meaning the south end of Denver. My mistake. Well, that may change our plans then.

[Mike from back east]

I tweaked the name of that thread to make it clearer to readers.