Hello. I'm a new member to BP living in south Denver, but grew up in Arvada. I've been house hacking for nearly 5 years, which has provided a very small positive CF each month. For my next investment I am interested in an owner occupied 2-4 unit property. I work in Westminster and Boulder so I started looking for RE in the Westminster/Northglenn/Broomfield/Thornton areas. From what I can tell there is basically one cluster of Multi-Family properties on the southwest corner of 92nd and Lowell, aside from 10+ Million dollar apartment buildings. My findings are based on 3 year sales records, so I may be missing something here, but can anyone provide insight as to why there are so few Multi-Family locations in that area? Obviously inventory is extremely low right now so this may be a long process. Thoughts, ideas, suggestions? Thanks!
