Rosenstock & Alta Court Portfolio Denver, CO

Investment Highlights

• Prime Location with Exceptional Demographics
• Rosenstock Place: Renovated Asset with Established Retail & Upside Potential
• Alta Court: Fully Modernized with Value-Add Office Conversion Potential
• 1459 N Lafayette: Fully Approved, Permit-Ready Development Site
• Diversified Upside: Cash Flow, Value-Add, & Long-Term Growth

Prime Location with Exceptional Demographics

Situated in Denver’s Capitol Hill neighborhood, the portfolio benefits from one of the city’s most desirable and walkable submarkets, supported by strong rental demand and exceptional demographics. Approximately 66% of residents aged 25 and over have earned a bachelor’s degree or higher—nearly double the national average—while 44% fall within the 25–34 age range, indicating a stable, educated, and young renter base. The location is surrounded by cultural and entertainment venues, including the Ogden Theatre and Denver Art Museum (less than a mile away from Rosenstock Place), and enjoys close proximity to major educational institutions at the Auraria Campus, as well as high-traffic retail corridors like Colfax Avenue. With a Walk Score of 92 and Bike Score of 94, the neighborhood offers true live/work/play appeal.

Rosenstock Place: Renovated Asset with Established Retail & Upside Potential

Rosenstock Place has undergone extensive renovations, including new plumbing, electrical, and HVAC systems, as well as in-unit washer/dryers and dishwashers. The common areas have been fully upgraded, and the infrastructure features copper and PEX systems, along with a newly installed water line and a roof in excellent condition. Anchored by a high-performing Anytime Fitness location, the property’s retail component has a strong operating history with tenants deeply embedded in the community. With over $2 million invested into renovations, the property also presents future upside through potential office-to-residential conversion (7–9 additional units), untapped basement development, and 5-story zoning that supports expansion.

Alta Court: Fully Modernized with Value-Add Office Conversion Potential

Alta Court mirrors the renovation quality of Rosenstock, with fully gutted and modernized residential units that include new kitchens, HVAC, electrical, and plumbing systems. The building has been enhanced with a new fire sprinkler and alarm system, a modern elevator installed in 2022, and a new roof completed in early 2023. Office suites throughout the building have been upgraded, as well as significant infrastructure upgrades—adds to the asset’s long-term durability. The current ownership has invested more than $4 million in capital improvements, and 15 existing office suites are ideally suited for residential conversion. One conversion is already underway at an efficient cost of just $50/SF, illustrating the low barrier to unlocking further value.

Tenant Services