Silverthorne Townhomes
7325 Tennyson St
Outwest Investments acquired the 13 for rent Townhomes in Silverthorne Colorado in July 2024. The Purchase price was significantly below replacement value.
Outwest aims to create substantial value for its investors in this deal by implementing a complete and holistic value add program. Improvements include implementing a professional property management strategy, interior unit renovations, mechanical upgrades, and exterior upgrades at both properties.
Currently Summit County needs 600 more workforce housing units to satisfy the demand from the workforce.
Additional improvements to both buildings put this investment on target to exceed its proforma projections of a 18.3% investor IRR over the 5-year investment timeline.
For more information on this project, please visit our investor portal.