Apartment Acquisitions · Castle Rock
Sell Your Commercial Property In Castle Rock, CO
Own a commercial apartment building of five or more units in Castle Rock? We purchase multifamily properties around Downtown Castle Rock, The Meadows, and the rest of Douglas County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Castle Rock Submarkets: Downtown Castle Rock · The Meadows · Crystal Valley Ranch · Castle Pines — Douglas County, CO
The Castle Rock Market
What Drives Rentals In Castle Rock
Castle Rock, CO is a Douglas County town of 79,123 residents on I-25, 30 miles south of Denver and 40 miles north of Colorado Springs. Renters occupy 21.2% of Castle Rock homes, per Census ACS 2020-2024, and median gross rent was $2,000.
Owners who plan to sell commercial property in Castle Rock, CO hold young stock: the median Castle Rock housing unit was built in 2007. Skyline Capital Investments reviews 5+ unit buildings in Downtown Castle Rock, The Meadows, Crystal Valley Ranch and nearby Castle Pines.
AdventHealth Castle Rock
AdventHealth Castle Rock on Meadows Boulevard opened in 2013 and lists 580+ team members and 4,000+ inpatient admissions.Outlets at Castle Rock
The Outlets at Castle Rock sit at I-25 exits 184 and 185, where Craig Realty counts 141,000 vehicles a day.I-25 commuter base
Castle Rock workers average a 28.6-minute commute, against 25.2 minutes statewide, per Census ACS 2020-2024 table DP03.Our Buy Box
What We Buy In Castle Rock
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Castle Rock Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Castle Rock
Renters occupy 21.2% of Castle Rock's 28,219 occupied homes, per Census ACS 2020-2024 tenure data. Douglas County sits at 22.6%.
Buildings with five or more units hold 16.7% of Castle Rock's 29,159 housing units, per table B25024. The stock is young: median year built is 2007, and only 7.3% of units predate 1980, per table B25034.
Rents and affordability in Castle Rock
Median gross rent in Castle Rock was $2,000 a month in ACS 2020-2024, per table B25064. Median household income was $145,197, per table B19013. Still, 58.8% of Castle Rock renters paid 30% or more of income, per table B25070.
Rental vacancy in Castle Rock was 4.0%, per the ACS housing profile. Owners who sell commercial real estate in Castle Rock, CO can show buyers rents still below HUD's two-bedroom benchmark.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,751 |
| One bedroom | $1,831 |
| Two bedroom | $2,169 |
| Three bedroom | $2,846 |
| Four bedroom | $3,183 |
Source: HUD Fair Market Rents documentation, Denver-Aurora-Centennial, CO MSA, effective October 1, 2026.
Property taxes in Douglas County
A $2,000,000 Castle Rock apartment building in tax district 0215 owes about $9,610.81 a year at 2025 levies and 2026 rates. That is roughly 0.48% of value.
- Douglas County RE-1 schools, 45.528 mills on $141,000 at the 7.05% school rate = $6,419.45
- County 19.774, Town of Castle Rock 0.920, library 3.519 and cemetery 0.104 mills on $131,240 = $3,191.36
The $131,240 figure applies Colorado's 6.8% local residential rate after a $70,000 cut. Levies come from Douglas County's 2025 tax districts and mill levies. To sell commercial property in Castle Rock, CO, check whether Castle Rock Fire Protection District's 10.100 mills apply.
Landlord rules in Castle Rock
Colorado caps security deposits at two months' rent under C.R.S. 38-12-102.5. C.R.S. 38-12-103 requires return within one month, or up to 60 days if the lease allows.
Nonpayment requires 10 days' written notice under C.R.S. 13-40-104. C.R.S. 38-12-301 bars Colorado municipalities from enacting rent control, so Castle Rock cannot cap rents.
What it means for an owner in Castle Rock
Castle Rock offers newer stock and high incomes, but heavy rent burden limits how fast rents can climb. Buyers will weigh a 4.0% vacancy rate against that 58.8% burden.
Before you sell commercial property in Castle Rock, CO, gather the rent roll, twelve months of operations and your tax district number. Buyers also ask for utility bills and service contracts.
Skyline Capital Investments buys 5+ unit apartment buildings directly. Test your numbers with our cap rate calculator, then see how to sell your apartment building in Castle Rock.
Seller Notes
Castle Rock Seller Checklist
More about selling in Colorado →Investing in Castle Rock? See apartment syndications in Castle Rock →
- Castle Rock's 2025 town levy is 0.920 mills; Douglas County's is 19.774 and RE-1's 45.528.
- Owners who sell commercial real estate in Castle Rock, CO face no local rent cap.
- Selling commercial property in Castle Rock? Median home value is $652,900, against $539,400 statewide.
Seller Guides
Selling A Building In Castle Rock
Learn More
Taxes & Rules For Castle Rock Property
The Colorado rules that shape any deal in Castle Rock: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Castle Rock Seller FAQ
How do I sell commercial property in Castle Rock, CO without listing it?
Assemble a rent roll with lease end dates, twelve months of income and expenses, and your Douglas County tax statement. Include deposit records, since Colorado caps deposits at two months' rent. A direct buyer can then tour units and return terms privately.
What are property taxes on a Castle Rock apartment building?
For 2026, Colorado assesses residential property at 6.8% for local levies after a $70,000 cut, and 7.05% for schools. At 2025 levies, a $2,000,000 Castle Rock building in tax district 0215 owes about $9,610.81 before any fire district levy.
Can Castle Rock cap my rent increases?
No. C.R.S. 38-12-301 declares rent control on private residential housing a matter of statewide concern and bars every Colorado county and municipality from enacting it. Nonpayment of rent still requires 10 days' written notice under C.R.S. 13-40-104.
What do buyers check when I sell commercial real estate in Castle Rock, CO?
Buyers compare your rents with the $2,000 town median and HUD's FY2027 two-bedroom rate of $2,169. Castle Rock's median unit dates to 2007, so deferred maintenance is rarer. To sell multifamily property in Castle Rock, document leases, utilities and tax district.
How deep is rental demand in Castle Rock?
Rental vacancy in Castle Rock was 4.0% in ACS 2020-2024, and renters hold 21.2% of homes against Douglas County's 22.6%. Only 16.7% of Castle Rock units sit in 5+ unit buildings, so apartment supply stays limited.
Will you buy a Castle Rock property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
How does a sale to you work in Douglas County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Who buys occupied rental property in Castle Rock?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
What do I need to sell my apartment building in Castle Rock?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
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Selling A Building In Castle Rock?
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