The units were acquired as part of a two-property portfolio built in 2000. Lakewood is an upscale residential suburb which boasts a diverse base of industries, robust retail market, educated workforce and high quality of life. Elevate is a “Class A” asset that will provide investors with returns on investment through a strategic value-add program.
The property offers 1-3 bedroom apartments spread across 9 buildings and 9.5 acres. In-unit features include an appliance package, faux bamboo flooring, double paned windows, walk-in closets, Kevo and Nest smart features.