Nestled just 10 minutes away from the heart of downtown Denver, Olde Town Arvada is a charming neighborhood that seamlessly blends history, culture, and modern amenities. With a rich past dating back to the 1800s, this thriving community has transformed into a vibrant hub that attracts both tenants and rental owners alike. As a property management company, we recognize the incredible potential Olde Town Arvada holds for rental property owners. In this blog, we will take you on a journey through its history, highlight its top attractions, and delve into its demographics.
Olde Town Arvada’s History:
Olde Town Arvada’s history dates back to the early 1850s when Lewis Ralston discovered gold along the South Platte River, sparking the Colorado Gold Rush. In the years that followed, the region witnessed a steady stream of settlers, leading to the establishment of the town of Arvada. Today, the area preserves its historical charm, with beautifully preserved buildings that transport visitors back in time. From the iconic McIlvoy House to the Olde Town Flour Mill, the neighborhood boasts an enchanting architectural heritage that captivates all who visit.
Olde Town Arvada Attractions:
Olde Town Arvada is a treasure trove of attractions that cater to all interests. For art enthusiasts, the Arvada Center for the Arts and Humanities offers an impressive lineup of exhibits and performances. Foodies will delight in the diverse culinary scene, where local restaurants and cafes offer a delectable array of cuisines. The Gold Strike Park and Splash Pad provide a perfect spot for families to enjoy outdoor activities. The Olde Town Arvada Square serves as a bustling gathering place, featuring boutiques, galleries, and frequent community events.
Renting in Olde Town Arvada:
Renting in Olde Town Arvada offers an exciting array of opportunities for both tenants and rental property owners alike. As the neighborhood’s allure continues to grow, it has become a popular choice for those seeking a balanced blend of urban convenience and small-town charm.
- Strong Market Demand: Olde Town Arvada has emerged as a highly sought-after neighborhood due to its proximity to downtown Denver, yet retaining its unique identity. The constant influx of new residents and visitors fuels a strong demand for rental properties.
- Ideal Demographics: The demographics of Olde Town Arvada are diverse, attracting young professionals, families, and retirees. This mix of age groups creates a vibrant community and ensures a steady pool of potential tenants.
- Booming Rental Market: The average rent in Olde Town Arvada starts around $1,800, making it an attractive choice for rental property owners looking to generate a favorable return on investment. With the growing popularity of the neighborhood, rental rates are projected to remain stable or even increase.
- Desirable Apartment Sizes: The average apartment size in Olde Town Arvada is approximately 830 square feet, catering to both individuals and small families seeking cozy living spaces with convenient amenities.
- Thriving Local Economy: The neighborhood’s vibrant business district and cultural attractions contribute to a flourishing local economy, ensuring a stable job market for tenants and appealing to prospective renters.
Olde Town Arvada, with its rich history, diverse attractions, and vibrant community, presents an exceptional opportunity for rental property owners. As a property management company, we see the immense potential this neighborhood holds for generating rental income and maintaining long-term tenant satisfaction. From its historical charm to its booming rental market, Olde Town Arvada promises a fulfilling investment journey for those seeking a slice of Denver’s captivating culture.
Disclaimer: This article aims to provide general information about Olde Town Arvada and its attractions for tenants and rental property owners. It does not constitute investment advice or specific recommendations. Individual investment decisions may vary, and readers are encouraged to conduct their own research and seek professional guidance. The rental market and economic conditions can change, and the content may not reflect the current state of the neighborhood. We feature various neighborhoods each month to help readers explore popular areas in the Denver region.