Cottage Hill | Aria | Marycrest

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale Cottage Hill Apartments, a 63-unit Senior LIHTC & Market-Rate property in Denver, CO. The Offering is well-located in Highlands' Garden Village and offers stable, bond-like cash flow due to the historically high occupancy, low turnover, and tight bad debt at the Property and the affordable housing shortage in Denver. The Property is currently 94%+ occupied, and market-rate rents exceed in-place lease rents by over $450/unit. The Offering also presents investors with an opportunity to own a 100% age-restricted asset in a metro that is undergoing a rapid increase in its 65+ age cohort, demonstrating elevated future demand for assets like Cottage Hill.

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale Aria (Fee Simple) & Marycrest Apartments (GP Interest), two adjacently located Properties totaling 137 units. The Offering is well-located in the Aria Denver Master Re-Development and offers stable, bond-like cash flow due to the historically high occupancies, low turnover, and tight bad debt. The Properties have a combined current occupancy of 99%, and market-rate rents exceed in-place lease rents by over $950/unit. The Offering also presents investors with an opportunity to acquire two well-amenitized assets in the booming West Denver submarket.