- Prime Location
- Strong Local Demographics
- High Quality, 2021-Built Asset
- Attractive Amenities
- Multiple Value-Add Opportunities
Prime Location
This 7-unit property, built in 2021, is located at 1327 Jersey St in Denver’s Hale Neighborhood, just blocks from the vibrant 9CO Development. The location is highly sought after by young professionals and families due to its proximity to top-tier entertainment, major employers, and recreational amenities.
Strong Local Demographics
The neighborhood’s strong demographics enhance its appeal. With an average household income of $129,377, residents in the area have the financial means to support premium rental rates, ensuring stability and demand for high-quality rental housing. A median home value of $751,342 reflects the desirability of the location and signals long-term property appreciation potential. Additionally, the fact that 72% of the population within a one-mile radius holds a college degree or higher underscores the area’s ability to attract and retain educated, professional tenants, reducing vacancy risks and supporting steady rental income growth. These factors collectively establish a solid foundation for sustained rental demand and property value appreciation over time.
High Quality, 2021-Built Asset
This 2021-built asset presents a compelling investment opportunity with its modern features and high-end finishes, designed to attract renters seeking quality and convenience. Stainless steel appliances, granite countertops, and state-of-the-art amenities ensures long-term tenant satisfaction and reduced maintenance costs associated with older properties. Each unit is thoughtfully equipped with in-unit washer/dryers, a highly desirable feature that appeals to young professionals and families alike. Additionally, the property’s individually metered electric system minimizes operating expenses by transferring utility costs directly to tenants, while the PTAC heating and cooling systems provide efficient and customizable climate control, further enhancing tenant comfort. These premium features position the property as a low-maintenance, high-demand rental option, offering strong income stability and reduced turnover for investors.