Denver 1031 Exchange: Regis/Berkeley Campus Housing Property
Recently I completed a 1031 exchange (see prior post for details on the old property I sold) in Denver with a purchase in the Berkeley/Regis neighborhood, abutting up to Regis University. Most likely this new rental will be for campus housing, but co-living is also gaining popularity.
The entire Berkeley neighborhood has seen new development for years, now Regis University has recently released a Master Plan for moving forward regarding expansion. I obviously think it’s a great time to look at purchasing a buy and hold property in the Berkeley/Regis neighborhood that could be a profitable campus housing property. This purchase was an off-market opportunity that I took advantage of; however, the majority of the time I pass these opportunities along to clients of mine. Please let me know if you have interest in similar Denver investment properties.
Here’s a few photos of the property I just purchased through my 1031 exchange in the Regis University/Berkeley neighborhood: