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Loft 9

Denver, CO

Price: $82,500,000

Projected Investor Level IRR: 16.8%

Projected Investor Level EM: 1.57x

 

Loft 9 Apartments (the “Property”) is an off-market, 418-unit, 1975-1978 vintage, apartment community located in southeast Denver, CO. Loft 9 features an attractive unit mix of spacious one and two-bedroom units, as well as a variety of already upgraded amenities for tenants to enjoy, including a renovated clubhouse, two swimming pools, fitness center, indoor basketball court, dog park, BBQ area, and well-maintained landscaping throughout the property. Located within a half-mile from the Nine Mile Light Rail Station and I-225, Loft 9 offers its residents convenient access to the entire metro Denver area, including multiple employment centers such as the Denver Tech Center and Fitzsimons Medical District, as well as top recreation destinations like Cherry Creek State Park.

Located less than 10-minutes from Denver’s largest employment center, the Southeast Business Corridor, Loft 9 provides its residents with exceptional accessibility to a number of the metro area’s top employers. The Southeast Business Corridor is comprised of over 37M SF of office space, spread across multiple submarkets including the Denver Tech Center. Home to a majority of Denver’s Fortune 500 headquarters, such as Arrow Electronics, Qurate, Dish Network and others, the Southeast Business Corridor provides a host of features that continue to drive employment and population growth throughout the southeast Denver region.

  • No. of Units 418
  • Hold Period 3 years