3/4/2023 0 Comments Helios apartments denver![]() Helios Properties is an investment firm targeting mid-market multifamily investment properties in strategic infill locations along the Colorado Front Range and across the greater U.S. “I like the new construction play in this growing submarket as I continue to build our portfolio in Colorado,” added Justin Sims, founding partner with Helios Properties. The Sheridan light rail station is three blocks south of the property. It is within minutes of Sloan’s Lake Park and retail amenities including Target, Alamo Drafthouse, Sloan’s Tap & Burger, Joyride Brewing Company and Edgewater Public Market. Sloan’s Place is located along Sheridan Boulevard, just north of West Colfax Avenue. I currently have four other similar developments in various stages throughout the neighborhood, totaling nearly 150 units,” said James Herron, founder and owner of Highland Builders. “I really like the Sloan’s Lake neighborhood and its potential. Some of the units have mountain, downtown Denver and Sloan’s Lake views. Our one- and two-bedroom floor plans feature high ceilings and private patios or balconies give an open feeling. The apartments include stainless steel appliances, quartz countertops, in-unit washers and dryers, high-quality plank flooring, oversized windows and 10 ft. Welcome to Helios apartments Our community is located at the heart of the Denver Tech Center where top employers, restaurants and entertainment live. The micro-unit community consists of 20 studio apartments and four one-bedroom apartments with an average unit size of 439 sq. Newly constructed in June 2019, Sloan’s Place was developed by Matthew Provenzano and James Herron of Highland Builders, a full-service design, build and management firm. Combining these factors with the appeal of the booming Sloan’s Lake neighborhood and proximity to the light rail system, Sloan’s Place is poised for very strong performance moving forward,” said Mr. More and more tenants are embracing a minimalist lifestyle, and the smaller unit sizes allows them to be affordable for nearly every renter. Micro units, although fairly new to Denver, are popular in larger metropolitan areas and a trend that isn’t going away. “ Sloan’s Place is one of the first new construction micro-unit apartment buildings to sell in Denver. Craig Branton with CBRE Capital Markets, Debt & Structured Finance, arranged the financing. The buyer, Helios Properties LLC, also of Denver, purchased the property in a sale that closed Oct. CBRE’s Robert Bratley represented the seller, Denver-based Highland Builders. CBRE announced today the $5.275 million sale of Sloan’s Place, a 24-unit micro-apartment community located at 1540 Sheridan Boulevard in Denver’s Sloan’s Lake neighborhood.
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