Investment Overview

This portfolio of three well-maintained, quality apartment communities in Lakewood, Colorado consists of The Lampliter (41 units), The Zephyr (22 units), and The McKenzie (24 units). They each enjoy an excellent location in western Lakewood, close to retail, shopping, restaurants, and recreation. Residents are able to commute throughout metropolitan Denver with the close proximity to employment opportunities in Lakewood and downtown Denver. The three properties proximity to each other is an asset to potential buyers allowing easier property management. Each property has had significant improvements over the past 10 years, including major mechanical upgrades, common area improvements, new roofs, new parking lots, units renovations, and replacement of windows and doors. There are seller-owned laundry facilities at each property. This pride of ownership at each community has led to many long-term residents. There is a significant opportunity to add value when these units turn. This portfolio offers flexible financing options for a potential buyer by either obtaining new debt or assuming the current debt at 4.05% with three years remaining.