|Last Updated Date||03 Aug 2020|
Parkhouse Apartment Homes, a 465-Unit, Class A+ luxury apartment community located in one of Denver’s most desirable suburbs and an asset that represents a true best-in-class suburban apartment community. With a combination of thoughtful site design, luxurious, market-leading amenities, and sweeping mountain views, Parkhouse is unique amongst its competitive set and well-positioned to attract the aff luent renter pool located in this submarket. The desirability of the product is further enhanced with a distinct lack of available multi-family development sites in the area, which will serve to insulate Parkhouse from potential future competition.
- Located just east of the intersection of 144th Avenue and Interstate
- 25, Parkhouse is surrounded by northern Denver’s premier retail
- development corridor and is located near major regional employment
- centers. The recent construction of The Grove, a premium outlet mall
- directly adjacent to the Property, as well as the recent completion of
- Amazon’s 857,000-square-foot distribution center immediately north
- of Parkhouse , positions the Property at the epicenter of one of metro
- Denver’s most active commercial development corridors. With little
- existing competition and limited opportunities for future multi-family
- development in Thornton and surrounding communities, Parkhouse
- has the opportunity to capitalize on strong tenant demand in the area,
- allowing a new owner to realize significant future rent growth.