Living / Multi-housing

The Pines

148 S Zang Way Lakewood, CO United States 80228-1909
Asking Price Contact for pricing
Area Size
NOI Net Operating Income
NIY N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1972
Building Area Net
Number of units 204

Asset Description

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.

Investment Highlights

  • 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
Last Updated Date: 07 Apr 2022

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Last Updated Date: 07 Apr 2022

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