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|Building Area Net||
|Number of units||204|
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the exclusive opportunity to acquire The Pines, a 204-unit Property in Lakewood, CO. Investors will benefit from the Denver MSA location, one of the strongest apartment markets in the country, which features strong historical AMI growth and a significant spread of market rate rents over in-place maximum allowable rents, ensuring consistent, bond-like cash flow. In addition to the direct access to major employers in downtown Denver, the submarket provides residents with an abundance of recreation opportunities, fantastic public schools, and a suburban feel.
- Stable, Bond-Like Cash Flow
- Impressive AMI & Income Limit Growth
- Located in Premium Denver Metro
- Vibrant Submarket with Limited Multifamily Supply
- Strong Market Fundamentals in Denver