Multi-housing / PRS

Retreat at Fitzsimons

13700 East 5th Circle Aurora, CO Estados Unidos 80011
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Year Built 1984
Building Area
Occupancy 96.0 %

Property Description

Retreat’s proximity to Fitzsimons Medical District and accessibility to other regional job centers, combined with its relative affordability compared to new construction product in the submarket, will provide new investors an attractive opportunity to complete a strategic value-add program and ultimately realize significant returns.

Investment Highlights

Retreat at Fitzsimons (“Retreat”), a 256-unit apartment community located only two minutes from the Fitzsimons Medical District in Aurora, CO. Constructed in 1984, Retreat features an attractive mix of one- and two-bedroom homes, as well as recently renovated amenity spaces and improved common areas. In addition to lightly renovating 54 units, current ownership has invested three million dollars in capital projects such as new windows, roofs, and hardie board siding, and recently completed a successful sample full renovation program on 18 units, achieving an average lease trade-out of $217/unit to-date. Combined with a 44% rent premium at new construction properties in the submarket, significant capital expenditures and the success of recent renovations demonstrate a clear opportunity to realize significant NOI growth through the completion of a strategic renovation program on the remaining units at the property.
Last Updated Date: 08 Sep 2020
Jordan Robbins
Jordan Robbins
Managing Director, Capital Markets
License details
Jonathan Polster

There was an error submitting your request. Please try again, or submit you inquiry here.



Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 08 Sep 2020

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.