Proximity to Public Transportation / Accessibility to Major Employers

Asbury Gardens is conveniently located off East Asbury Circle just east of I-25, offering residents excellent accessibility to area amenities, including public transportation. Asbury Gardens is less than one mile (0.9 miles) from Colorado Station, which services the E and H Lines of RTD’s Light Rail System. Colorado Station, which is four minutes away by car or nine minutes on foot, offers connectivity to downtown Denver as far as Union Station via the E Line, or 18th Street & Stout Street or 18th Street & California Street via the H Line, with several opportunities to connect to other Light Rail lines along the way. The E Line goes from Union Station downtown all the way south to RidgeGate Parkway just north of Castle Rock, and the H Line goes from downtown’s Central Business District all the way to Florida Station in Aurora. Asbury Gardens offers residents unparalleled proximity to public transit options and excellent connectivity to and from downtown and greater south Denver.

Proximity to Major Thoroughfares

Asbury Gardens is located adjacent to I-25 just off the Evans Avenue exit, offering an excellent area location that provides truly unparalleled access to major thoroughfares in and around the area: particularly I-25. Asbury Gardens is only 0.7 miles from access to I-25, which offers residents northbound access to downtown Denver and beyond and southbound access to the Denver Tech Center, Castle Rock and Colorado Springs. Downtown Denver is only 20 minutes away by car (8.9 miles), and the Denver Tech Center is even closer, being only 11 minutes away by car (5.5 miles). Additionally, Asbury Gardens is located just off Evans Avenue, offering residents eastbound access to Aurora and westbound access to Englewood and Littleton. Downtown Denver and the Denver Tech Center are Denver’s two largest employment centers, both of which are near Asbury Gardens via driving and public transportation.

Connectivity to Downtown & DTC

Asbury Gardens is located about 20 minutes from Downtown Denver and only 11 minutes from the Denver Tech Center, offering residents proximity to many of the city’s top employers. Denver

boasts a well-diversified economy, with key industries being professional and business services, government sector jobs, and financial activities, followed closely by leisure and hospitality. Fortune 500 companies including, but not limited to, BP, Wells Fargo, TransAmerica, CenturyLink, and DaVita all have a major presence in Denver. The Denver Tech Center is home to more than 48 million square feet of office space, which is the highest concentration of office space along Colorado’s Front Range. The Denver Tech Center’s concentration of office space and talent has made it a sought-after location for a variety of businesses, including six Fortune 500 companies: Arrow Electronics,

Qurate Retail Group, Dish Network, Liberty Media, Newmont, and DCP Midstream. Beyond several Fortune 500 companies, a wide array of large, private employers also has a strong presence in the

DTC. Asbury Gardens offers residents excellent access to two of the Denver area’s top employment hubs, while offering the charm and lifestyle of a suburban location.

Excellent Proximity to the University of Denver

The University of Denver (DU) is a renowned private institution nestled in the heart of Denver, Colorado, offering a wide range of academic programs and fostering a vibrant, diverse community.

The university’s strong academic reputation attracts a steady flow of students, faculty, staff, and visiting professionals. For multifamily investors, the proximity of properties to DU presents a unique and valuable opportunity. The consistent demand for rental housing from both undergraduate and graduate students, as well as university employees, creates a stable and resilient rental market. With a large percentage of DU students looking for off-campus housing, properties located near the university benefit from high occupancy rates and low turnover. DU’s location within Denver, one of the fastest-growing cities in the U.S., ensures that multifamily properties in the area have strong potential for long-term appreciation. The university’s expansion and investments in new facilities often lead to a revitalization of the surrounding neighborhoods, driving property values upward. With its central location, excellent amenities, and growing student population, the University of Denver is a key driver of demand for nearby rental properties. For multifamily investors, this makes properties in close proximity to DU particularly attractive, offering a combination of reliable rental income, a stable tenant base, and strong potential for property value growth over time.

Glendale/University Supporting Data

The Glendale University Area submarket boasts remarkable market fundamentals, as evidenced by its impressively low vacancy rate relative to the Denver MSA average. A large number of new deliveries to the Denver market in the last 2 years has caused significant vacancy rate expansion across the metro area, but the Glendale University Area submarket was less impacted as a result of its strong fundamentals and relatively less inventory expansion. One of the primary demand drivers for this submarket is its proximity to downtown Denver and the Denver Tech Center, and its relatively cheaper housing costs, as evidenced by the average market rent being more than $200 lower than the Denver MSA average. The Glendale University Area submarket had the lowest relative inventory expansion out of 16 submarkets in Denver, which will lead to increased rent growth and reduced vacancy rates this year since the market has few new units to absorb. Impressive fundamentals in the Glendale University Area submarket will continue to drive demand, growth, and investment.