Belmar

Welcome to Belmar, Colorado

Nestled in the heart of Lakewood, Belmar is a dynamic mixed-use neighborhood that seamlessly blends urban convenience with suburban charm. This master-planned community has transformed the former Villa Italia Mall site into a thriving town center, offering residents a perfect balance of work, play, and living spaces.

Belmar boasts a pedestrian-friendly layout with tree-lined streets, inviting plazas, and a diverse mix of housing options. From stylish apartments to spacious townhomes, the neighborhood caters to various lifestyles and preferences. With its central location and easy access to downtown Denver, Belmar has become a sought-after destination for those seeking a vibrant suburban experience.

What to Love

• Walkable town center with shops, restaurants, and entertainment

• Proximity to outdoor recreation at Belmar Park

• Easy access to downtown Denver via light rail

• Year-round community events and festivals

Local Lifestyle

Life in Belmar revolves around its bustling town center, where residents enjoy a perfect blend of urban amenities and suburban tranquility. The neighborhood's walkable design encourages a sense of community, with locals often gathering at the central plaza for events or simply to relax and socialize.

Dining and Shopping

Belmar's town center is a food lover's paradise, offering a diverse array of culinary experiences. From casual eateries to upscale dining establishments, there's something to satisfy every palate. Popular spots include Ted's Montana Grill for classic American fare and Tacobe for innovative Mexican cuisine.

For those who love to shop, Belmar doesn't disappoint. The neighborhood boasts a mix of national retailers and local boutiques, ensuring a unique shopping experience. You'll find everything from fashion and home decor to specialty foods and gifts. The Century 16 Belmar movie theater provides entertainment for film enthusiasts.

The town center also features a weekly farmers market during the warmer months, where residents can purchase fresh, locally-sourced produce and artisanal goods. This event not only supports local businesses but also fosters a strong sense of community among Belmar residents.

Things to Do and Entertainment

Belmar offers a wealth of recreational opportunities for outdoor enthusiasts. The nearby Belmar Park spans 132 acres and features walking trails, a fishing lake, and picnic areas, providing a perfect escape into nature. For fitness buffs, the neighborhood boasts several gyms and yoga studios.

Throughout the year, Belmar hosts a variety of community events that bring residents together. From summer concerts in the plaza to holiday celebrations, there's always something happening in this vibrant neighborhood. The Belmar Events Center also hosts art exhibitions, performances, and other cultural events, adding to the area's rich entertainment offerings.

Real Estate Investment Opportunities in Belmar

Rental Market Overview

• Average Rental Prices: Rental properties in Belmar typically range from $1,800 to $3,800 per month, with townhomes and modern condos being the most in demand.

• Vacancy Rates: Belmar maintains a low vacancy rate due to its urban appeal and proximity to downtown Denver.

• Who are the Renters? The rental market attracts young professionals, small families, and remote workers who enjoy an urban lifestyle with walkable amenities.

• Rental Property Types: A mix of luxury apartments, townhomes, and contemporary condos, with some single-family homes available in the surrounding areas.

Buy & Hold Investment Potential in Belmar

• Rising Rental Demand: The area’s growth and proximity to retail, dining, and entertainment make it a strong market for rental investments.

• Consistent Property Appreciation: Home values in Belmar have steadily increased, making it a prime area for long-term appreciation.

• Property Management Considerations: Investors may find it beneficial to use a property management company to handle leasing and tenant relations for multi-unit investments.

Fix & Flip Potential in Belmar

• Flipping Opportunities: Belmar offers strong fix & flip potential, particularly in older properties undergoing urban renewal.

• Typical Renovation Costs: Flippers should budget $50,000 to $150,000, focusing on modern finishes, smart home upgrades, and open layouts.

• After-Repair Values (ARV): Renovated properties in Belmar typically sell for $500,000 to $900,000, depending on size and location.

• Popular Renovation Styles: Contemporary kitchens, energy-efficient designs, and modernized open-concept living spaces appeal to buyers in this area.

Wholesale Real Estate Opportunities in Belmar

• Active Wholesale Market: Investors are always on the lookout for off-market condos, townhomes, and multi-unit properties.

• Distressed Property Availability: Some older properties and fixer-uppers provide great opportunities for wholesale deals.

• Cash Buyer Market: Strong investor demand in Belmar ensures quick contract assignments and profitable wholesale transactions.

• Common Wholesale Property Types: Older condos, distressed single-family homes, and rental-ready townhomes looking for minor updates or full rehabs.