PROJECT OVERVIEW
Vista Denver is the premier student housing community serving the University of Denver and Cherry Creek/Observatory Park submarkets of Denver, Colorado. Originally constructed in 2008, Vista Denver is comprised of 9 stories, 85 units, and 287 bedrooms/bathrooms. Vista Denver is located just steps from the University of Denver campus, making it the second largest housing community serving the DU Market.
Amplify acquired Vista in Q4 of 2022 as part of the Company’s Value-add Acquisition Platform. Since acquiring the asset Amplify has executed an aggressive renovation and value-add business plan which was formally completed ahead of the Fall 2023/Spring 2024 School year. The renovations and upgrades made to Vista Denver focused on improving the resident experience and driving leasing interest in this irreplaceable asset just steps from one of the most prestigious universities in the country. Amplify has partnered with Cardinal Group Management to serve as the on-site property manager, who has been instrumental in the leasing and marketing of the “New and Improved” Vista Denver.
ADDRESS
1920 South University Boulevard
Denver, CO
PROJECT TYPE
Value-Add Acquisition
& Long Term Hold
KEY DETAILS
85 Units, 287 Bedrooms and Bathrooms
125 Parking Stalls
DETAILS
Vista Denver is one of just three privately owned housing communities focused primarily on serving students attending the University of Denver. Just steps from the heart of the DU campus, Vista Denver offers iconic views of campus, Downtown Denver, and the entire front Range. Vista Denver is also located within the highly affluent and desirable Denver submarkets Cherry Creek and Observatory Park. This region has become a popular destination for many young professionals and families working in Downtown Denver and the Denver Tech center.
In addition to its best-in-market location, Amplify recently instituted and executed an aggressive renovation/community upgrade initiative that was completed in the summer of 2023 - ahead of the Fall 2023/Spring 2024 School year. The Community Upgrade Initutive focused on improving the resident experience and driving rents and occupancy/pre-leasing for future years as well as addressing long overdue capital improvement upgrades.
Vista Denver is the largest asset under the Amplify Value-Add Acquisition Platform. Amplify has partnered with Denver-based Cardinal Group Management to serve as the assets full-service Property Manager as well as numerous local charities and businesses serving the surrounding community. As the official and exclusive housing sponsor of the DU Athletic Program, Amplify intends to leverage its existing relationship with the University of Denver to continue to establish Vista Denver as the premier housing community and destination for students and local residents alike.