Apartment Acquisitions · Centennial
Sell Your Commercial Property In Centennial, CO
We are an active buyer of Centennial commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- 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
Centennial Submarkets: The Streets at SouthGlenn · Greenwood Village · Littleton · Highlands Ranch — Arapahoe County, CO
Why Centennial
Why We Buy Multifamily In Centennial
Centennial, CO sits in Arapahoe County and holds one of the metro's smallest rental bases. Renters occupy 19.4% of Centennial homes, per Census ACS 2020-2024, and median gross rent was $2,148. HUD's FY2027 two-bedroom fair market rent for the Denver-Aurora-Centennial MSA is $2,169.
Owners who plan to sell commercial property in Centennial, CO hold scarce stock: rental vacancy was 3.2% in ACS 2020-2024. Skyline Capital Investments reviews 5+ unit buildings in Centennial and near The Streets at SouthGlenn, Greenwood Village, Littleton and Highlands Ranch.
Centennial Airport
Centennial Airport logged 362,407 aircraft operations in 2023 and supports 10,341 jobs, per the airport and CDOT's 2020 study.Professional workforce
Management, business and science jobs employ 58.5% of Centennial workers, against 48.1% statewide, per ACS 2020-2024 table DP03.Regional commuter base
Centennial workers average a 25.9-minute commute, against 25.2 minutes statewide, per Census ACS 2020-2024 table DP03.Our Buy Box
What We Buy In Centennial
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
Centennial Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Centennial
Renters occupy 19.4% of Centennial's 42,233 occupied homes, per Census ACS 2020-2024 tenure data. Arapahoe County runs much higher at 35.3%.
Buildings with five or more units hold 15.3% of Centennial's 43,291 housing units, per table B25024. Centennial's median year built is 1983, and 42.9% of units predate 1980, per table B25034.
Rents and affordability in Centennial
Median gross rent in Centennial was $2,148 a month in ACS 2020-2024, per table B25064. Median household income was $131,928, per table B19013. Of Centennial renters, 44.8% paid 30% or more of income, per table B25070.
Rental vacancy in Centennial was 3.2%, per the ACS housing profile. Owners who sell commercial real estate in Centennial, CO can point buyers to that tight supply.
| 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 Arapahoe County
A $2,000,000 Centennial apartment building in Cherry Creek 5 owes about $10,521.10 a year at 2025 levies and 2026 rates. Centennial parcels in Littleton 6 come to about $12,084.08.
For 2026, Colorado's Division of Property Taxation sets the local residential rate at 6.8% after a 10% cut on the first $700,000. The school rate is 7.05%.
- Cherry Creek 5 schools: 54.108 mills on $141,000 = $7,629.23
- Arapahoe County 16.959 and Centennial 5.076 mills on $131,240 = $2,891.87
Those levies come from Arapahoe County's 2025 abstract of assessment and levies. South Metro Fire Rescue adds 12.25 mills and Arapahoe Library District 5.719 where they apply. To sell commercial property in Centennial, CO, pull your tax area from the latest statement.
Landlord rules in Centennial
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 every Colorado county and municipality from enacting rent control, so Centennial cannot cap rents.
What it means for an owner in Centennial
Centennial pairs top-tier incomes with scarce apartments: only 15.3% of units sit in 5+ unit buildings. Low vacancy and rents near HUD's two-bedroom rate support pricing.
Before you sell commercial property in Centennial, CO, gather the rent roll, twelve months of operations and the tax statement. Buyers price roof, boiler and plumbing age early.
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 Centennial.
Good To Know
Pricing Your Building In Centennial
More about selling in Colorado →Investing in Centennial? See apartment syndications in Centennial →
- Centennial's 2025 levy is 5.076 mills; Arapahoe County's is 16.959 and Cherry Creek 5's 54.108.
- Owners who sell commercial real estate in Centennial, CO face no local rent cap under C.R.S. 38-12-301.
- Before selling commercial property in Centennial, log roof and system dates, since 42.9% of units predate 1980.
Seller Guides
Selling A Building In Centennial
Learn More
Taxes & Rules For Centennial Property
The Colorado rules that shape any deal in Centennial: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Centennial Seller FAQ
How do I sell commercial property in Centennial, CO without listing it?
Assemble a rent roll with lease end dates, twelve months of income and expenses, and your Arapahoe 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 Centennial apartment building?
For 2026, Colorado assesses residential property at 6.8% for local levies after a 10% cut on the first $700,000, and 7.05% for schools. At 2025 levies, a $2,000,000 Centennial building in Cherry Creek 5 owes about $10,521.10 before fire and library districts.
Can Centennial 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 still requires 10 days' written notice under C.R.S. 13-40-104.
What do buyers check when I sell commercial real estate in Centennial, CO?
Buyers start with building age, since Centennial's median unit dates to 1983. They compare your rents with the $2,148 city median and HUD's FY2027 two-bedroom rate of $2,169. To sell multifamily property in Centennial, document roofs, heating and tax area.
How deep is rental demand in Centennial?
Rental vacancy in Centennial was 3.2% in ACS 2020-2024, and renters hold 19.4% of homes against Arapahoe County's 35.3%. For owners selling commercial property in Centennial, supply is thin: only 15.3% of units sit in 5+ unit buildings.
Do I need to fix up my Centennial building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
Can I sell my Centennial apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Can I sell rental property in Centennial with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
Do I need a broker to sell my apartment building in Centennial?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
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