Central Park Colorado
CENTRAL PARK, CO
The beautiful neighborhood of Central Park (previously identified as “Stapleton”) consists of 4,700 acres. This area is officially within the limits of two cities – Aurora and Denver. It is considered to be the single largest neighborhood that is located directly in the City of Denver.
In it, there are 12 named sub-based neighborhoods, 50 different parks, numerous schools, a variety of pools, a recreation center, many different districts for shopping and business, and a library. To date, there are approximately 30,000 residents. If you are seeking to either invest in or rent out real estate, Stapleton/Central Park is a prime location.
CENTRAL PARK DETAILS
The Stapleton Airport Redesign
At the point where the International Airport was being constructed within the city, many officials started to consider how the unused area that once was Stapleton Airport would be used. A group of people came together in the year of 1990 and by 1995, had developed a plan for the area. There were many goals. First, a total of 12,000 homes would be constructed. This would help in building the population. Then, other aspects would follow. This would include schools, transportation venues, office space, retail space, parks, and more.
The entire span of the unused airport ranked in at 4,700 acres. It was situated just 10 minutes to the popular Downtown region in the City of Denver. At this point, it was considered a new project that was urbanistic in nature. Official construction started in the year of 2002. By 2004, people started flocking to the area and moving in to the newly built apartments. This increased the population to over 2,500. As the area continued to grow, so did the population.
Commercial properties, office spaces, single-family homes, condominiums, row houses, and other types of buildings were built by 2008. New exits on the nearby interstates opened. The rail got developed and started coming through. Great things were happening. The population was growing. It continues to grow through this day. If you are in the market for development, purchase, or rentals, you will be thrilled with all of the luxuries and amenities that the Stapleton/Central Park area provides.
The Black Lives Matter Movement
While it is true that Stapleton experienced a lot of success fast, it is also true that it has seen its share of troubles. The former mayor of Denver named Benjamin F. Stapleton, who the neighborhood was named after, was a previous confirmed member of the Ky Klux Klan. Those involved in the Black Lives Matter Movement pushed to have the name of the neighborhood changed to the name of “Central Park”. It was desired to be called that due to the 80-acre park in the area. Once the name change was official, many other names of buildings and locations were also changed to reflect “Central Park”.
Neighborhood Overview for Investors
If you are looking to invest in Central Park, it is important to understand some basics regarding the neighborhood. They are as follows:
- The average buy price for a home is $225K all the way up to $2.33M.
- The average rent ranges from $1.46K to $6.5K each month.
- In most instances, you may drive from Central Park to Downtown Denver within 20 minutes.
- The schools rank all the way up to a 9 out of a 10. All are considered above-average.
- Currently, there are more homes available for rent than homes to buy.
- The area is considered to provide a suburban feel.
- Most of the individuals that live in Central Park rent the homes that they live in.
Real Estate Opportunities
When you research Central Park, you will find that there are many real estate opportunities available for investors. The Northfield region has a lot of developments being built for residents. This is situated to the north of the Interstate, 70. In the older regions of the neighborhood that are located to the north and the south of the same interstate, there are large parcels available that are vacant. These may be used for a variety of new constructs such as mixed-use homes, single family, high-density residential structures, and even commercial-based developments.
General Neighborhood Information
The neighborhood of Central Park currently has at about 30,000 residents. Many new constructs are still being built. The neighborhood is home to large masses of land. Opportunities abound in and around Central Park. The 12 sub-neighborhoods that are part of Central Park include Willow Park East, North End, Wicker Park, Central Park North, Westerly Creek, Beeler Park, South End, Bluff Lake, Eastbridge, Conservatory Green, East 29th Avenue, and Central Park West. If you are in the market for investments in Central Park, you should carefully review the opportunities available in these sub-neighborhoods.
In most instances, you will be able to locate properties for sale and for rent by conducting an online search. Many are attached to popular websites, such as Zillow. However, it is important to understand that not all availabilities and opportunities are available online. For example, we here at Pioneer Property Management typically have a list of real estate available that is not formerly advertised. If you would like to review the listings that we have, you may contact us directly for more information.
Property Management Services
We here at Pioneer offer a wide array of property management services. If you are an investor who will be using your newly found property to rent out, definitely contact us. We are capable of completely automating and streamlining your business. The following outlines some of the services that we offer that may assist you in your business pursuits:
- Rental Analysis
- Showing Scheduling
- Tenant Screening
- Lease Preparation
- Rental Agreements
- Signings Required
- Collection of Security Deposits
- Tenant Relations
- Rent Collection
- Lease Enforcement
- And, more!
In addition to the above-listed services, we also offer emergency repairs at all hours and on all days, handle the maintenance of your rental, have lawn services provided, and several other business tasks. If you want to rent out residences in Central Park, it is important to know and understand that there are companies out there – like us – that are capable of handling every single aspect of your business.
Who We Are
For well over a decade, we have been offering property management services to both homeowners and those that elect to invest in real estate. We specialize in all neighborhoods across the Front Range of Denver. If you have an interest in Central Park or any of its sub-neighborhoods, we can assist you. We use a proactive – not reactive – approach when it comes to our customer service and other comprehensive services.
Why You Should Invest in Central Park
If you are reading this, it is quite likely that you are familiar with Stapleton/Central Park. There are many reasons why you should invest in the area. The main one being that there are just so many opportunities. It does not matter if you want to invest in commercial properties, land, or residential properties, there is plenty available. The second reason is that many people are starting to flock to the area. This is due to the appealing great outdoors, the newly constructed properties, employment opportunities and educational opportunities.
Expert Service You Can Trust
Property Management Services in Central Park
For over a decade, Pioneer Property Management has offered its expert property management services in Central Park, Colorado.
With a unique style of management that focuses on a proactive, rather than reactive approach, Pioneer has guided thousands of satisfied clients to well-maintained and cash-flowing investment properties.
Through the implementation of streamlined policies and procedures, efficient systems and software, and calculated execution, we identify issues BEFORE they become problems, maximizing your revenue, minimizing your headaches, and allowing us to maintain your property as an investment, indefinitely.