Sloan's Lake West

Sloan's Lake West

Edgewater, CO
Available
  • Property Type: Apartments
  • Year Built : 1977
  • Property Size: 36,270 SF / 54 Units
  • Price: $13,000,000

Overview

Capstone Apartment Partners is pleased to present Sloan’s Lake West, a 54-unit apartment community in the desirable Sloan’s Lake/Edgewater neighborhood of Denver. The property is unique in that it is clean and stabilized yet still has remaining value-add potential. Due to the beautifully renovated units and building, the property has seen significant gains on in-place rents. The Sloan’s Lake/Edgewater neighborhood is one of the most popular in town due to the proximity to the lake, local bars and restaurants and access to the mountains.

Investment Highlights

  • Fully Stabilized Gut Renovated Building
  • Remaining Value-Add Possible for Building and Land
  • Sponsor is open to Joint Venture Equity Recapitalization
  • Opportunity to Subdivide Unutilized Land on Property for Development or Sale

Contact Information

Austin Smith Senior Advisor P: 303.868.9096
O: 800.746.3175 ext. 759
asmith@capstone-companies.com
Christian Burgdorf Investment Sales Advisor P: 908.418.1799
O: 800.746.3175 ext. 765
cburgdorf@capstone-companies.com
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