$1M Homes Next Door But $1,900 Rent? Breaking Down This Colorado Deal

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We’re headed to Castle Rock, Colorado this week to break down a 60-unit build-to-rent deal that’s caught our attention. It sits right between Denver and Colorado Springs, in an area where home prices are pushing $1M — but rents at this property are around $1,900. We dig into what makes this deal interesting, what gives us pause, and the kind of buyer this is really perfect for.

Along the way, we get into the pros and cons of build-to-rent as a product type — everything from operational challenges to rent growth assumptions to exit strategy. There’s also some lively debate about adding fenced yards, what these units might sell for individually, and whether this location near a Whole Foods and Sprouts changes the narrative.

And of course, no episode would be complete without a critical breakdown of the local Mexican restaurant options. We go deep on the best green chile in Castle Rock — and why evaluating local tacos is just as important as evaluating the real estate itself.

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