Transit-Oriented Location

1568 Nome Street offers residents excellent proximity to public transportation, with the Colfax Light Rail Station only being 1.4 miles away. Colfax Station & Fitzsimons Station service the R Line of RTD Light Rail System, in addition to the Flatiron Flyer Bus Route, which goes all the way to Boulder and services all exits along the U.S. Highway-36 corridor. The R Line goes from Peoria Station all the way to Lincoln Station in Lone Tree, offering residents access to employment opportunities in the Denver Tech Center and along southbound I-25. The R Line also offers connectivity to Downtown Denver via connectivity to the A Line at Peoria station. This property’s proximity to public transportation will be a catalyst for demand and rent growth, especially as the surrounding area rapidly develops.

Adjacent to Fitzsimons & Lowry Redevelopment

Aspen Grove is ideally located one block off Colfax Avenue and represents a unique opportunity to acquire 99 units that are only six minutes (0.3 miles) from the University of Colorado Anschutz Medical Center and Fitzsimons Life Science District. The University of Colorado Anschutz Medical Center is a worldrenowned hospital and one of five hospitals in the state with a Level 1 Trauma Designation, and The Fitzsimons Life Science District will be an innovation hub for bio-tech and health sciences. Once development of the Fitzsimons Life Science District is complete, the campus is expected to employ over 46,000 people. These employment centers will create numerous spillover effects in terms of development in the area, which will subsequently create numerous additional jobs in and around the area.

Proximity to Employment Centers

Aspen Grove is located in the rapidly growing area around Stanley Marketplace – a collective that is home to 50+ independently owned Colorado Businesses consisting of retail, restaurants, offices, fitness center, and a park.

Access to Abundant Retail and Area Amenities

Additionally, Aspen Grove is located in the rapidly growing area around Stanley Marketplace and is located between Stanley Marketplace and the Fitzsimons Campus. Stanley Marketplace is a bustling and sustainable marketplace consisting of retail, restaurants, offices, fitness centers, and a park that spans several acres. Home to 50+ independently owned Colorado businesses, Stanley Marketplace is a collective that offers a place to eat, drink, shop, work, exercise, gather and explore, among other things. 1568 Nome Street’s location about two miles from this popular development will drive demand and growth in the area for years to come.

Immense Rental Demand

Other than new constriction properties having been built since 2018, there are only two properties that are greater than 10 units built between 1980 and 2018 that offer comparable proximity to the Fitzsimons Campus (West of I-225/North of 6th Avenue).

33% Discount to Class A

The average proforma rent at 1568 Nome Street is $1,337, which is $663 lower than the average rent of Class A properties in a comparable location. The average proforma rent of 1568 Nome Street represents a 33% percent discount to Class A properties in the area.