Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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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. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. 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.
I accept the confidentiality agreement I accept the confidentiality agreement
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

Year Built 2017
Building Area
Occupancy 95.0 %

Property Description

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.

Investment Highlights

  • 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.
Last Updated Date: 23 Sep 2020
Jordan Robbins
Jordan Robbins
Managing Director, Capital Markets
License details
CO-FA.40035669
Jonathan Polster
Analyst

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Last Updated Date: 23 Sep 2020

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