Download Offering Materials: West Grange Apartments
Capstone Equity & Structured Finance is pleased to present a Limited Partner or Preferred Equity investment opportunity for West Grange Apartments on behalf of Walnut Development Partners (the “Sponsor”). The to-be-built 88-unit, luxury Class A multi-family community with best-in-class finishes in located in Longmont, Colorado (Boulder MSA). The 2.33-acre site is located on the Southeast corner of Nelson Road and N 75th St within a neighborhood of high-end single-family homes with values ranging from $650,000 to over $1,200,000. Longmont is a beautiful front range suburb of Boulder, CO, with 2,500 acres of open space, 700 miles of trails, breathtaking views of the Rocky Mountains, and only a 10-15-minute drive from Boulder. Longmont has small town charm mixed with modern urban amenities, while also providing excellent employment, retail, recreation, and education opportunities for future residents to take advantage of. Coupled with the continued growth and excellent multi-family fundamentals of Boulder County, West Grange Apartments provides not only an excellent foundation but also attractive upside for incoming investors.
Investment Highlights
Approved Project Part of a PUD in Desirable Boulder County
Differentiated Product with an Excellent Basis
Premier West Longmont Location Within Boulder County
Proximity to High-Quality Employment
Excellent Boulder County Multi-Family Fundamentals