Property History
The Roost is a four-story community containing 35 apartment units consisting of 33 studio apartments and two one-bedroom apartments. This brand-new development features exquisite amenities and common areas, bike racks, and sweeping 360-degree views of downtown Denver and the Rocky Mountains from the rooftop deck, providing residents exceptional living at one of Denver’s most desirable locations. This community sits in the heart of the highly admired Jefferson Park neighborhood and is walking distance from the iconic Sloan’s Lake and West Highlands neighborhoods which offer popular restaurants, bars, microbreweries, and outdoor recreation. The Roost provides top of the line features with open floorplans that include 17 lofts and 12 balconies. Equipped with quartz countertops, resilient luxury vinyl flooring, and first-class finishes, The Roost is the premier assets of its class within the city of Denver.
Desirable Jefferson Park Location - Residents of The Roost frequent a plethora of restaurants, bars, coffee shops, and recreational outlets producing a sense of community which is difficult to beat. Popular attractions nearby include Jefferson Park, Jefferson Park Pub, 2914 Coffee, El Cazo Cucina, Joyride Brewing, Empower Field, Ball Arena, Meow Wolf, and more. Further, the property is steps to Sloan’s Lake, an urban outdoor mecca, which offers 177 acres of walking, biking, and boating.
Unparalleled Connectivity to Colorado’s Largest Employment Corridor - The Roost is approximately 2 miles west of Denver’s Central Business District (CBD) which incorporates 37 million square feet of office space and supports over 130,000 jobs. Notable high-paying employers in Denver’s CBD include TIAA, Anadarko, Wells Fargo, Markwest Energy Partners, US Bank, DCP Midstream, QEP Resources, SM Energy, and KPMG. The community is only a twenty-minute drive from the Denver Tech Center which rests on 70 acres of office space and hosts workspace for some of the country’s most iconic tech companies such as IBM, Zoom, Oracle, and Microsoft.
Strong Surrounding Demographics - The Roost is surrounded by some of the most impressive demographics in the Denver Metro area. The median household income within a three-mile radius is $63,000, and 32% of residents in the area are earning over $150,000 annually. In addition to significantly high-income encompassing, 36% of residents in this area also hold a bachelor’s degree and 25% of residents hold a post-graduate degree. Robust Fundamentals Driving a Strong Proforma The Roost community offers a strategic location in Denver with first-class amenities and strong demographics. With such strong components, the Roost is destined to be one of the most popular communities of its kind in the Denver area. With such a desirable location with inventory struggling to keep up, investors can expect high occupancy while charging premium rents.
The proposed apartment development consists of 18,705 gross square feet of residential apartments (13,767 square feet net rentable) and 22 parking spaces, one of which is an approved Rideshare parking spot.
The Property has been scraped and is available for immediate vertical construction. Permits are on file with the City of Denver.
- The sale of the Property includes fully approved plans for an 18,705 square foot (13,767 net rentable) 35-unit all studio apartment building
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