A garden-style apartment community including 220 units located in an A-rated school district, according to Niche.com, that boasts long-term low vacancy rates and high historical rent growth.
Fort Collins experienced above average job, income and population growth relative to the US average from 2009 to 2020 and is forecasted to outpace the US average in each of these categories through 2030. The historic and forecasted growth in these categories contributed to LaSalle’s Research & Strategy Group naming Fort Collins a top three target market for small market residential assets.
Fort Collins’ high quality of life attracts many residents. It is a short drive to the mountains and is more affordable than Boulder and many Denver suburbs. The city also benefits from a strong labor market, bolstered by Colorado State University, which drives demand for well-located highly-amenitized apartment communities.
The property includes a swimming pool, clubhouse, fitness center, dog park, access to surrounding public parks and is walking distance to several retail amenities.
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This literature contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” “will,” and other similar terms, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks, uncertainties, and contingencies include, but are not limited to, the following: our ability to effectively raise capital in our offering; uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of our investment strategy; and other risk factors as outlined in our prospectus and periodic reports filed with the Securities and Exchange Commission. Although JLLIPT believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. JLLIPT undertakes no obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in our expectations.
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