The Club Apartments

Located in the highly desirable Denver west-suburban market of Lakewood, Club Apartments is a 17-unit multifamily community offering investors a wellmaintained asset with immediate operational upside and long-term appreciation potential. The property consists of a mix of studio, one-bedroom, and twobedroom apartments totaling approximately 11,602 rentable square feet on a 0.52-acre site.

The offering presents an opportunity to acquire a stabilized workforce housing asset in a supply-constrained submarket with strong renter demand,

convenient access to downtown Denver, major employment centers, public transportation, and the growing amenities of the West Colfax corridor. Current

ownership has maintained strong occupancy while demonstrating the ability to achieve rental premiums through unit upgrades and

improved operations.

Club Apartments represents an attractive basis acquisition relative to many competing multifamily opportunities

currently available throughout the Denver metro area. Following a period of elevated apartment deliveries

across the region, new supply is expected to moderate significantly in the coming years as construction

starts have slowed. As excess inventory is absorbed and market fundamentals continue to

improve, ownership is well positioned to benefit from future rent growth and increasing

cash flow. Investors have the opportunity to acquire a quality asset today while

capitalizing on favorable long-term market dynamics within one of

Denver’s most established and desirable rental submarkets.

Building Size: 12,544 SF

Price/Unit: $157,353

Parking: 34 OFF STREET SPACES

Unit Mix: 1 STUDIO, (10) 1BR/1BA, (6) 2BR/1BA

Units: 17

Construction Type: BLOCK/TWIN T

YOC: 1960

Property Taxes: $19,164