King Street Residences Denver, CO

Investment Highlights

• Prime Location Near Sloan’s Lake
• Strong Demographics Supporting Demand
• Strategic Opportunity Zone Location
• Fully Approved 100% Market-Rate Project

Prime Location Near Sloan’s Lake

This property is strategically located just blocks from Denver’s iconic Sloan’s Lake Park, offering residents a highly desirable urban lifestyle with easy access to key amenities. It is situated only two blocks from the 13th & Knox Light Rail Station and one block from the Colfax & King Bus Stop, ensuring seamless public transportation access for commuters and residents alike. The area is within walking distance to numerous restaurants, bars, and entertainment options, enhancing the area’s vibrancy and appeal. Additionally, the property boasts excellent connectivity to Downtown Denver and I-25, providing convenience for professionals and those seeking easy access to the city’s commercial and cultural hubs. The property is also close to Empower Field at Mile High and several parks, offering residents both recreational and entertainment options nearby.

Strong Demographics Supporting Demand

The surrounding neighborhood is characterized by strong demographics, which support a stable and desirable rental market. Within a mile of the property, the average household income exceeds $100,000, reflecting a higher-than-average earning potential among residents. Additionally, the median home value in the area exceeds $600,000, indicating a high barrier to homeownership. This combination of factors suggests a solid demand for rental properties, as many potential renters in the area may be priced out of homeownership, thus increasing demand for high-quality rental units like those offered at King Street Residences.

Strategic Opportunity Zone Location

The property is located in a designated Opportunity Zone, offering significant tax advantages for investors. These incentives are designed to optimize returns by reducing capital gains taxes, making this project especially attractive to long-term investors. The Opportunity Zone status enhances the potential for long-term appreciation and could help maximize the overall investment value, providing additional financial benefits beyond typical market returns.