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Dokumente

Ich akzeptiere die Vertraulichkeitsvereinbarung
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Ich akzeptiere die Vertraulichkeitsvereinbarung Ich akzeptiere die Vertraulichkeitsvereinbarung
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Baujahr 2002
Gebäudefläche
Vermietungsstand 90.0 %

Objektbeschreibung

Avant at Castle Pines offers investors a proven value-add opportunity with significant room for revenue growth. Current ownership has completed all major interior and exterior common area renovations and a portion of unit interiors, allowing a new investor to focus on revenue-generating renovations to the remaining unit interiors, where premiums are expected to exceed $180 per unit. Coupled with unique property amenities such as direct access garages (available in 55% of units) and its excellent location within the affluent Castle Pines submarket, this strong value-add potential offers a unique opportunity to realize attractive returns in an exceptional location.

Investment-Highlights

  • Avant at Castle Pines, a 356-unit apartment community
  • located in Castle Pines, one of Denver’s most affluent and sought-after suburbs. Avant at Castle Pines is
  • the only multifamily community in this desirable neighborhood, insulating it from competition and uniquely
  • positioning it to capitalize on excellent schools and exceptional demographics, including an average home
  • price over $900,000 and an average household income of over $220,000 within a three-mile radius. This unique
  • position within the submarket, combined with convenient proximity to the Southeast Business Corridor,
  • Denver’s largest employment center, will ensure strong rental demand for years to come.
Last Updated Date: 01 Oct 2020
Jordan Robbins
Jordan Robbins
Managing Director, Capital Markets
Lizenz details
CO-FA.40035669
Chris Hart
Analyst
Last Updated Date: 01 Oct 2020

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