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Highland Point

Aurora, CO

Highland Point

Overview

Location

Aurora, CO

Acquired

2021

Units

319

Acquisition Price

$80,500,000

Capital

$33,000,000

Status

Holding

Highland Point Apartments is located in Aurora, CO, a part of the dynamic Denver metropolitan area. With its uniquely high walk score for a suburban location, easy access to the area’s major employers, and an attractive mix of floorplans, Highland Point is a prime value-add opportunity.

Highland Point’s previous owners spent over $3,000,000 on repairs, maintenance, and light renovations throughout their 10-year ownership period. Though well maintained since it was built in 1984, the property still feels tired and outdated, which will allow TMR to vastly improve functionality and curb appeal through its signature repositioning efforts. TMR’s $7,000,000+ planned renovation will turn Highland Point Apartments into a superior-quality residential address, desirable to today’s discerning renters. 

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