Iota Fox Station Apartments_Property for Sale
Iota Fox Station Apartments_Property for Sale
500 West 41st Avenue, Denver, CO, 80216, US

Iota Fox Station Apartments

Asset description

JLL has been retained as the exclusive investment advisor in the sale of Iota Fox Station (“Iota”), a best-in-class, new construction multi-housing community. Recently completed in 2024, the acquisition of Iota presents the unique opportunity to acquire a 148-unit, Class A apartment community centrally located near the vibrant cultural hub of Downtown Denver and the thriving West Denver neighborhoods of LoHi and Sunnyside. Featuring a mix of studio, one, and two-bedroom floorplans and market-leading amenities for a boutique community, Iota caters to a sophisticated renter pool in search of quality living with unbeatable access to Downtown Denver and the greater metro area. 


Just two blocks away from Iota Fox Station is Fox Park, a $2 billion, 41-acre master-planned development that will transform Denver’s urban core. The first phase of Fox Park, anticipated to break ground in Q2 2024, will include the state-of-the-art World Trade Center office complex, a 241-key Virgin Hotel, and multiple residential buildings comprised of 1,100+ units. Fox Park is Denver’s next great urban transformation and will establish a new framework and create a vibrant community in the Globeville neighborhood. Additionally, Iota Fox Station is adjacent to the 41st & Fox Station, which is only one stop away from Union Station, Denver’s main transit hub, exemplifying a “live-work-play” environment, providing residents unbeatable access to Downtown Denver and 150,000 jobs, numerous lifestyle amenities and activities, entertainment venues, and the greater metro area. 


Iota Fox Station’s unique combination of luxury product in an emerging location will continue to attract renters at an affordable price point. Moreover, as the Denver inclusionary housing ordinance and rising construction costs continue to put downward pressure on Denver’s residential housing pipeline, Iota Fox Station presents a exceptional investment opportunity to purchase a highly coveted asset at a significant discount to today’s replacement costs.

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Attributes

Units
148 units
Year built
2024
Building area net
73,225 sf

Media

Investment highlights

  • Significant Discount to Today’s Replacement Costs
  • Brand-New, Luxury Community with Top-Tier Amenities
  • Adjacent to Fox Park Master-Planned Development
  • Minutes from Downtown Denver’s Top Employers 
  • Transit-Oriented Property Adjacent to 41st & Fox RTD Station 
  • Live-Work-Play Location

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Iota Fox Station Apartments (0 Properties)

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Last updated
May 29, 2024