Investment Highlights
- Extensively Renovated: Originally built in 2008, the Property has undergone an $11.2 million renovation that repositioned the asset amongst the market leaders.
- Remaining Upside Potential: Investors will have the opportunity to capture additional rental upside via interior improvements such as adding smart home technology & adding roller sunshades to windows.
- Excellent Unit Mix: Two-thirds of the property is 2- or 3-bedroom floorplans, and the average unit size is 985 square feet across a mix of (132) 1-bedrooms, (229) 2-bedrooms, and (39) 3-bedrooms.
- Consummate Amenity Package: All common areas have been extensively renovated and include a comprehensive amenity package with Olympic-sized swimming pool, sundeck with pergolas, lounge chairs, & cabana seating, relaxing spa, large fitness center, two-lane bowling alley, social game room with billiards, pinball, and ping pong, expansive grounds with a semi-exclusive 1.25+ acre park at the center of the Property, clubhouse, business center with iMac computers, large leasing office, and ample on-si
- Adjacent to a Premier Lifestyle Center & Local Amenities: The Property is adjacent to The Collection at RiverPark, a 750,000 SF premier lifestyle center with 75 retailers and anchored by Target, Whole Foods, REI, and Century Theatres. Additionally, residents are within walking distance of public parks (Collection Park, Village Green Park, East Park, Central Park), Rio del Sol K-8 STEAM Academy (8/10 on greatschools.org), and RiverPark Executive Suites (a 120,000 SF office building).
Exclusively listed by
Related Research
More Listings from Greg Harris
Serenade at RiverPark
