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Which Up-And-Coming Neighborhoods in Denver, CO Should You Be Investing in Now?

Which Up-And-Coming Neighborhoods in Denver, CO Should You Be Investing in Now?

Gentrification is sweeping through the Mile High City, and savvy real estate investors are cashing in. In fact, a study from the National Community Reinvestment Coalition recently found that Denver is the second-most gentrified city in the entire country!

While the hot spots of LoDo and LoHi have already seen skyrocketing home prices, a new wave of neighborhoods is poised for explosive growth.

But where should you be looking? We can help.

Let's go through the top Denver neighborhoods to consider when you're real estate investing.

West Barnum

Located just southwest of downtown Denver, the West Barnum neighborhood is an area that has flown a bit under the radar but is starting to gain more attention in the Denver real estate market.

Historically a working-class community, West Barnum is seeing gradual gentrification and redevelopment that is making it an increasingly attractive investment opportunity.

One of the key draws of West Barnum is its relative affordability compared to many other central Denver neighborhoods. So, you'll have a step up maximizing your rental income.

West Colfax

Stretching along the Colfax Avenue corridor west of downtown Denver, the West Colfax neighborhood is an area that has seen a steady transformation in recent years, making it an increasingly attractive target for real estate investors.

West Colfax has lived many lives - it's previously been a tourist hub and the center of Denver's Jewish community.

In recent years, the neighborhood has welcomed a growing number of trendy restaurants, art galleries, and boutique shops, drawing in a more affluent clientele and sparking residential redevelopment. That also makes it a lot easier to market your rental properties.

Montbello

The Montbello neighborhood has long been on the radar of real estate investors, but the area is now starting to see a new wave of interest and redevelopment that makes it worth a closer look.

Historically a more working-class and diverse community, Montbello is gradually transitioning as rising costs push residents out of trendier neighborhoods closer to downtown.

This influx of new residents and investment is transforming the area, with a growing number of new housing developments, commercial projects, and community amenities.

North Park Hill

North Park Hill is known for its tree-lined streets, historic homes, and family-friendly atmosphere. Residents have access to top-rated schools, community parks, and a thriving commercial district along 23rd Avenue. This combination of livability and desirability has helped sustain strong demand for housing in the area.

At the same time, North Park Hill is undergoing a transition, with new construction and redevelopment projects steadily transforming the neighborhood's landscape. Infill developments, including luxury townhomes and apartment buildings, are adding density and diversifying the area's housing stock.

Despite these changes, North Park Hill has managed to maintain much of its established charm and character, which continues to draw in both homebuyers and investors. The

Real Estate Investing: Check Out These Denver Neighborhoods Today

Now that you know the best neighborhoods in Denver for real estate investing, it's time to jump in.

Do you need help taking care of your new properties? Walters & Company Property Management is ready to take over. Our company takes care to provide top-quality customer service. We're even a member of the National Association of Residential Property Managers!

Contact us today to get started.

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