4400 Syracuse_Property for Sale
4400 Syracuse_Property for Sale
4400 S Syracuse Street, Denver, CO, 80237, US

4400 Syracuse

Asset description

JLL has been retained as the exclusive investment advisor in the sale of 4400 Syracuse Apartments (“4400 Syracuse”) located in Denver, CO. Recently completed in 2022, the acquisition of 4400 Syracuse presents the opportunity to acquire 316 modern luxe apartment homes, featuring high-end unit finishes and upscale community amenities located within the Denver Tech Center submarket, a highly dynamic location, delivering residents a premier urban-suburban living experience.


4400 Syracuse’s presence within the Denver Tech Center provides residents unparalleled connectivity to more than 40 million square feet of office space and over 240,000 high-quality jobs within the Southeast Business Corridor (SBC) spread across a diverse mix of industry-leading companies such as; Arrow Electronics, Charles Schwab, CoBank, Oracle, ULA and many more. Additionally, the property’s placement within minutes from the Dayton Light Rail Station, I-25 and I-225, also facilitates connectivity to the greater Denver Metro area including power-hubs like the Denver Tech Center, Downtown Denver, Cherry Creek, DIA and more. Beyond its strong employment opportunities, 4400 Syracuse’s location is well regarded for its exceptional recreational amenities, such as high-end restaurants, premier shopping centers and world-class recreation and entertainment venues. The demographics surrounding 4400 Syracuse are strong (2-mile radius), with an average household income and home price in excess of $141,000 and $650,000, respectively. These locational attributes and demographic characteristics further drive the representation of the “live-work-play” lifestyle and deep pooling of affluent renters 4400 Syracuse caters to.  


The 4400 Syracuse investment offering is truly unique in nature, allowing a purchaser to acquire a trophy community, below current replacement costs in one of Denver’s most dynamic and fastest-evolving submarkets.

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Attributes

Number of units
316 units
Occupancy
93.00%
Year built
2022
Building area Net
272,864 sf
Land area Net
7.82 acres (340,639 sf)
NOI
$5,355,000

Media

Investment highlights

  • High Performing Submarket with Excellent Historical Absorption
  • High-Quality Construction with Modern Design
  • Unparalleled Connectivity to Denver’s Top Employment Hubs 
  • Robust Demographics with Ability to Absorb Rent Increases  
  • In Demand Core Asset in Dynamic Suburban Neighborhood
  • Access to an Eclectic Mix of Popular Retail, Dining, & Entertainment

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4400 Syracuse (0 Properties)

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Last updated
May 19, 2023