Real Estate Portfolio
Lyric No. 39
4390 West 39th Ave. & 3870 Tennyson St. Denver, CO
39 units + 4,200 sf of retail / New Mixed-Use Development / Date Acquired: January 2022
Lyric No. 39 is a new construction, high-end 39-unit property located on the southeast corner of 39th Avenue and Tennyson Street in the Berkeley neighborhood of Denver. The 6-story elevator property is comprised of 39 luxury residences (16-2BR, 13-1BR and 10-ST) with 4,200 sf of ground-floor retail along Tennyson Street and 44 enclosed parking spots. Abundant light and views, modern finishes and efficient layouts along with a thoughtfully curated lobby, common areas and roof terrace make this property one of the most desirable multifamily residences in the Berkely neighborhood. Of the 39 units, 25 have outdoor space, further elevating desirability from a renter perspective. Berkeley's vibrant retail corridor along Tennyson Street provides residents with easy access to some of Denver’s best dining, shops and entertainment options. The property is a 10-minute drive from downtown Denver and adjacent to both I-70 and I-25, with easy access to Boulder and the mountains. Strat partnered with Zeme Capital to acquire this property.
335 N Sherman St., Denver, CO
34 units | Redevelopment | Date Acquired: September, 2021
Miner Court is a 34-unit exterior walk-up located in the West Wash Park neighborhood of Denver, Colorado. Steps away from Speer Boulevard, N Broadway and I-70, residents have access to all Denver has to offer at their fingertips. Strat will continue its value-add strategy through unit renovations, façade and courtyard beautification as well as the creation of modern amenity spaces.
661 North Pearl St., Denver, CO
11 units | Redevelopment | Date Acquired: April, 2021
The Ernest is a 11-unit property located in the bustling Governor’s Park neighborhood of Denver, Colorado. Just two blocks from the park and a short walk to Trader Joe's and 6th Avenue restaurants and shops, the property offers an amenity rich location. The building’s ivy façade, quiet street and boutique nature are just some of the reasons why residents are happy to call the Ernest home. Strat is in the process of executing a value-add business substantially renovating all of the building units and interiors. Strat will draw inspiration from the neighborhood and its rich history for the renovation plan.
The Elaine Apartments
1424 Pennsylvania Ave., Denver, CO
23 units | Redevelopment | Date Acquired: December, 2020
The Elaine is a 23-unit pre-war building located in the Capitol Hill neighborhood of Denver, Colorado. Built in 1926 and situated on a quaint tree-line street, The Elaine exemplifies the true historic charm of Capitol Hill. Strat is currently in the process of implementing a substantial rehabilitation program, renovating common areas, apartments and building systems. Strat is incorporating both modern and classic elements into the units while maintaining the quintessential allure of Capitol Hill and the timeless architecture of the pre-war property.