PARC BELMAR

Parc Belmar is a 512-unit garden-style community located in Lakewood, Colorado, near the Belmar urban district within the Denver metro area. Built in 1988 and 1993, the investment executed a targeted value-add strategy focused on completing 105-unit renovations, along with meaningful upgrades to the clubhouse and shared amenity spaces. Through disciplined capital deployment and operational execution, the property was successfully repositioned and sold to another owner-operator at approximately $186,000 per unit, delivering a strong outcome over a 3.3-year hold period.

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LAKEWOOD, CO

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1988/1993 VINTAGE

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512 UNITS

  • Value-Add Acquisition

  • Exited

  • 3.3 Years (March 2011 - June 2014)

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