Kallisto at Bear Creek, a 472 unit apartment community located in the Bear Creek area of Lakewood, Colorado, one of the Denver’s most highly sought-after western suburbs. The property offers residents access to an abundance of retail amenities, including both nearby retail centers serving resident’s daily needs. Kallisto at Bear Creek was originally constructed in two phases in 1987 and 1996 and features a unique mix of traditional flats and townhomes, along with extensive community amenities, which appeal to the submarket’s discerning renter base. Extraordinarily low density of just 12.4 units per acre gives Kallisto a truly unique neighborhood feel further driving rental rates. Competing properties in the submarket command monthly rents up to 22% higher than those at Kallisto, showing a clear ability to increase rents and realize significant NOI growth.