Residential

The Preserve at the Meadows

Fort Collins, CO

Acquired August 2021

At a Glance

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.

Investment Rationale

  • 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.

Property Gallery

Location

The Preserve at the Meadows Map website 01