Acquired in November 2017, Stratus Townhomes is a 280-unit community located in the northwest Denver city of Westminster, Colorado. The community consists of 140 two-bedroom units and 140 three-bedroom units, all of which are configured as tri-level town homes with private outdoor entrances. Average square footage is 959 for two-bedroom units and 1,166 for the three-bedroom units, not including approximately 450 square feet of additional space in the basement – a rarity in the metro Denver apartment market.
The property features an array of amenities including an updated clubhouse, Wi-Fi Café, lounge area and fireplace, zero entry swimming pool, bar-be-que grills, large dog park, and new parking lot and playground. The town homes are equipped with private entrances and full basements in each unit, full-size washer and dryer connections, gas heating, air conditioning, all electric kitchens and extra storage. Select units feature black appliances, updated cabinets and counter tops, wood plank flooring and upgraded lighting packages. CLP successfully sold Stratus Townhomes in May 2021.