Links at Legacy Ridge

links-case-study-half-pageProperty Type:  Garden-style, two & three story walk-ups

Size:  232 units with detached garages/car ports

Location:   Westminster, CO – direct access to golf course and extensive trail network

Investment Strategy:  Build-to-core – acquired land, developed and long-term hold

Current Occupancy:  Consistently 97%+

 

 

The Story:

  • Developed 232 units in joint-venture with Institutional Investor in 1998, sold in early 2012
  • The first rental property in Westminster’s award winning Legacy Ridge development
  • Adjacent to 5th fairway of Legacy Ridge Golf Course
  • Development and construction completed on-time and on-budget
  • Leased up to 90% within the first year of completion
  • Investors received 14%+ IRR on investment since 1998