Open for Investment
Wadsworth Junction
BROOMFIELD, CO | 227-Unit Multifamily Development
Requirements
$34,600,000Target Fund Size
$50,000Minimum Investment
Key Investment Highlights
- Wadsworth Junction is a 227-unit multifamily development located off of Highway 36 in Broomfield, CO, midway between Denver and Boulder.
- Site has direct access to Highway 36 (110,000 VPD) and Highway 128 (90,000 VPD)
- Located within a 15-mile drive to four major education hubs, and home to several corporate and tech companies’ headquarters
- Adjacent to Broomfield’s Regional Trail which provides a 2-minute walk to Broomfield’s RTD Bus Stop (Park-N-Ride), a 3-minute walk to Arista, and many miles of cycling and running opportunities
- The City of Broomfield has high barriers to entry due to city ordinances being put into place in 2024 (Project is grandfathered to 2023 building code due to pulling permits prior to 1/1/2024)
Development Information
-
Property Type
Multifamily
-
Market
Denver
-
Deal Type
Opportunistic
-
Units
227
Located in
BROOMFIELD, CO
11495 Wadsworth Boulevard,
Broomfield, CO 80020
United States
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Disclaimer: The information contained herein is for informational purposes only and does not constitute an offer or sale or any form of general solicitation or general advertising of interests in any fund or investment vehicle. Any such offer will only be made in compliance with applicable state and federal securities laws pursuant to offering documents which will be provided to qualified prospective investors upon request. Prospective investors should review the offering documents carefully, which includes important disclosures and risk factors.
Risks and Limitations: the risks associated with making investment decisions based on targeted metrics is that they are targets. Commercial real estate investing is risky, and that means that the investment will not always play out according to expectations. Targeted returns involved multiple degrees of uncertainty and risk related but not limited to rental rates, lease expiration dates, occupancy rates, length of the investment period, exit cap rates, and interest rates. – Criteria and Assumptions- how a sponsor approaches the underwriting process (conservative, moderate, aggressive) may change the assumptions of the model which include targeted: cash yield, equity multiple, IRR, investment period and distribution rates