Nearly 700,000 people call the city of Denver home, thanks to the wealth of economic opportunity, rich cultural heritage, and undeniable natural beauty of our state's capital. Denver continues to see impressive population growth, with an increase of 2.8% last year alone, making it the fastest growing large city in the United States. This trend shows no sign of stopping, which has helped create an advantageous environment for real estate investors. According to the Colorado Department of Local Affairs, vacancy rates in the metro currently hover around 5%. These trends have helped boost the need for property management in Denver.

Exploring Denver's Diverse Neighborhoods

78 distinct neighborhoods make up the city landscape, with each area boasting a unique identity and atmosphere of its own. We've seen demand for Denver residential property management grow in a number of different areas in recent years, including in Highland, RiNo, and City Park. Stapleton is also growing in popularity.

While young working professionals and recent graduates often congregate in Denver rental properties throughout these hip neighborhoods, our city is also home to a rising population of blue collar workers. Neighborhoods with affordable rent and higher vacancy rates often prove popular with large families, recent immigrants, and those on a fixed income. Montbello and Kennedy, as well as Westwood and Barnum, all appear on the list of Denver neighborhoods with rising housing needs.

Capitalizing on Population Growth

Many savvy property investors have begun purchasing rentals in Denver, in order to capitalize on growth opportunity. While Denver rental properties certainly represent enormous potential for financial gains, it's still important to work with a local property manager with the experience necessary to obtain high quality results. With so many Denver property management companies to choose from, many homeowners ultimately find themselves overwhelmed.

At Dakota Property Management, we believe experience speaks for itself. Simply take a look at Denver property management reviews and you'll see plenty of bad feedback from unhappy clients and tenants. You don't want to find yourself working with a company that doesn't have your best interests at heart. We've maintained an A+ rating with the BBB since 1987, longer than most property managers have been in business! Over that time, we've helped countless local investors to earn more money, reduce turnover, and eliminate the stress of property ownership. When it comes to property management in Denver, we know what we're talking about.

Of course, Denver property management fees are also an important consideration for most any local investor. While plenty of companies use hidden fees to boost their bottom line or take a steep percentage of the rent each month, we're different—we use a flat fee management cost for every property. That's the sort of service you need to protect the longterm health of your investment.

Ready to learn more? Call us today to get a free rental analysis and speak with a local property expert: (303) 759-4340