Trailpoint on Highline
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Number Of Units
Project Level IRR
Project Level EM
- Purchased for $209k/unit, and our all-in basis is $231k/unit. Other properties in the submarket have traded in the $250k-$290k/unit range.
Positive Leverage Day One
- Secured an agency fixed loan at a 5.09% fixed interest rate. The property is acquired at a 5.84% cap rate going in, providing positive leverage on Day 1 of operations.
Premier Location – Aurora, CO
- Conveniently located on the southwestern edge of Aurora in the highly desirable Cherry Creek School District. The property is 15 minutes away from the Denver Tech Center and 25 minutes away from Downtown Denver.
- In addition to the proximity to Denver’s top employers at a more affordable cost, the city of Aurora presents high-paying job opportunities in the Bioscience & Healthcare industry as well as the Aerospace & Defense industry.