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A Growing Network

Grace Rose Properties owns and operates multifamily assets in the greater Denver metropolitan area. Continued population and job growth, coupled with limited workforce housing development and record high single family home prices, created a long-term opportunity to acquire, update, and maintain workforce apartments.

Renovated Properties
Elk Mountain
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Built in 1972 and acquired by Grace Rose properties in 2021, this two building complex sits on a large lot in Lakewood within 3 miles of central Denver and a mile from Belmar. The property is low maintenance stucco construction and features large 1 and 2 bedroom floor plans with private decks and patios. Recent updates include:

  • LVP flooring throughout

  • Kitchen and Bath Tiling

  • New Exterior Doors

  • Rehabbed entry walk-ups and siding

Grace Landings
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Built in 1960 and acquired by Grace Rose Properties in 2020 this garden style complex is walking distance to downtown Littleton and 1 block from the Bemis Library, botanic gardens and Ketring Park. The property features studio, 1 and 2 bed floor plans with exterior entries, private covered parking and sits on a lot with mature trees and professional landscaping. Recent updates include

  • Tiling in Bathrooms

  • LVP flooring

  • New windows on 2 buildings

  • Laundry room remodel with new machines

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Scheduled projects for this property include a new roof, secure windows and doors, and aesthetic updates.

Built in 1971 and acquired by Grace Rose Properties in 2020 this 3 story brick building features 1 and 2 bedroom floorplans. Within 2 blocks of Swedish Medical Center the property is located in the Englewood Opportunity Zone, an area experiencing massive redevelopment. This property was a heavy value-add project with significant construction to rehab. Recent updates include:

  • New exterior concrete and sidewalks 

  • New Parking lot

  • Complete Kitchen and Bath remodel

  • New LVP flooring and paint throughout

  • Landscape redesign and xeriscape garden installed

Nicole
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Built in 1958 and acquired by Grace Rose Properties in 2019 these garden apartments are located just north of 6th Ave and a short distance from Denver Federal Center. The property features 1 and 2 bedroom floor plans. Recent updates include:

  • New roofs and gutters

  • Complete kitchen and bath remodel

  • New exterior signage

  • Landscape improvements and sprinkler installation

Boardwalk
Silver Oak

Built in 1962 and acquired by Grace Rose Properties in 2018 this brick building features 1 and 2 bedroom floor plans updated to a condo quality refinish. This property was sold in 2021 generating a 30%+ internal rate of return. Updates included:

  • Full kitchen remodel featuring subway tiles and new appliances

  • Remodeled Bathrooms 

  • New flooring and paint throughout

  • Updated plumbing & electric

  • Updated exterior stairs/stringers 

  • Exterior painted

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New Construction
Park Place
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Grace Rose Properties is currently planning a new construction 3-story apartment project in west Lakewood. While the entitlement process is on-going construction is planned to start in 2022.

  • Features 1, 2 and 3 bedroom units  

  • Open floor plans for modern living

  • Storage space

  • Exterior balconies

  • Condo level finishes

  • 100% electric building

  • Tenant-only electric car charging stations

  • Secure parking lot

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