Project Status
Fully Funded
Project Overview:
What: 6 newly constructed, modern, luxurious, and affordable town homes in a premium urban neighborhood appealing to families and young professionals
Where: Sloan's Lake Neighborhood, Denver, CO
Who: We’ve partnered with an agile, progressive development team that knows how to meet deadlines, stay on budget, and drive strong investor returns
When: Expected delivery Summer 2016
Why: Fueled by strong job growth in multiple industries, Denver is experiencing explosive demand for affordably-priced, modern and customizable housing. The 25 – 45 y/o demographic wants to be close to the urban core and in walking distance to shops and amenities. We’ve secured 2 excellent pieces of land through “off market” transactions, and are building to meet this need.
Below are the TOP 4 REASONS we think this deal makes a lot of sense:
- Our project is small so we can get in and out quickly to capture the red hot Denver market without long term exposure
- Our product type is not a fad…it fits a forever need (housing for people) at an affordable price point.
- We're well hedged against market risk: If the Denver market keeps growing (as its predicted to) we have a plethora of new home buyers ; if the market gets softer, we’ll appeal to downsizing buyers
- Investors are repaid ahead of any other equity parties (subsequent only to the bank) , meaning their capital is in last and out first
Unbeatable "affordable urban luxury" starting at $399,000:
