Investment Overview

Verde Commons is a newly delivered (2025) 26-unit townhome community offering true home-sized rental living in a market defined by rapid population growth, constrained housing supply, and declining access to homeownership. The community is comprised primarily of spacious three-bedroom residences, complemented by a limited collection of five-bedroom walk-out homes, with a weighted average unit size of approximately 1,654 square feet - positioning the asset as one of the most differentiated large-format rental offerings in Colorado Springs.  Each residence features a private, multi-level layout with direct entry, attached one-car garage, and in-unit washer and dryer connections. Select five-bedroom homes include full walk-out lower levels, providing natural light, grade-level access, and true three-story functionality. Contemporary finishes, efficient building systems, and durable construction create a living experience that closely mirrors for-sale housing, supporting long-term marketability and resident retention.  Colorado Springs continues to benefit from a highly resilient employment base anchored by Fort Carson and Peterson and Schriever Space Force Bases, alongside a growing concentration of aerospace, defense, healthcare, and technology employers.  Accelerated home price appreciation and elevated mortgage rates have materially expanded the renter pool, increasing demand for high-quality alternatives to ownership. Verde Commons is well positioned to capture this demand by offering modern, townhome-style residences that bridge the gap between renting and owning, supporting durable occupancy and sustained rent growth.