Altitude at Lone Tree

Altitude at Lone Tree was acquired on December 2, 2024. The427-unit mid-rise property is located within the affluent Denver South Corridor.  It is just a 5-minute walk to the Light Rail station and several employment hubs like Charles Schwab and Lockheed Martin.  This asset is a perfect fit for our business plan of purchasing high-quality, newer assets in supply-constrained markets. We plan to enhance property aesthetics and improve overall operations for long-term value and economic growth.

The property includes 211 one-bedroom, 212 two-bedroom and 4 three-bedroom apartments, with an average unit size is 1,020 sq ft.  Amenities on the property include a fitness center, spin and yoga studio, clubhouse, and swimming pool with heated spa and complete with sundeck, gated – limited-access community and some garage parking.   Units feature wood-style flooring, expansive closets, full size washer and dryers, private patios, and balconies. The community’s luxury finishes, resort-style amenities, and proximity to top-rated schools in the Douglas County School District further solidify its status as a premier living.

Lone Tree, Colorado is considered a good place for families and those seeking a suburban environment with access to amenities and outdoor recreation. It's known for its excellent schools, low crime rates, and high quality of life. The property is in close proximity to Park Meadows, a major shopping, dining and entertainment district mall and several outdoor amenities such as Chatfield and Cherry Creek State Park.  There are several major employers in the area, Charles Schwab Campus, Skyridge Medical Center, and Lockheed Martin.

Amenities: 

• Resort-Style Pool and Heated Spa
• Sun Deck with Poolside Cabanas
• 24/7 Fitness Center with Cardio, Free Weightsand a Rock-Climbing Wall
• Spin/Yoga Studio
• Newly Renovated Resident Clubhouse with Wi-Fi
• Outdoor Kitchen with Gas Grills
• Outdoor Lounge and Fire Pit
• Gated, Limited-Access Community
• Garage Parking *
• Additional Storage Available