Fund I Portfolio
32nd & Eliot Apartments
Description
A 123-unit class “A” multifamily community close to downtown Denver. This project will be sold after being leased up to a projected 95% occupancy.
The property is located in the prestigious Highlands neighborhood of Denver, with high-end restaurants and amenities. Amenities include a clubhouse, resort-style plunge pool and hot tub, courtyard, roof deck with seating area, remote working spaces, fitness center, and subgrade parking garage.
Details
Target Equity Multiple: 2x
Target IRR: 20%
Deal Type: Opportunistic
Asset Type: Multifamily
Sponsor: Trailbreak Partners
Target Investment Period: 4 years
