Pathfinder Partners Completes $2 Million Renovation of Two Boulder Apartment Communities
1960’s and 1970’s-Vintage Properties Transformed for 21st Century Living.
- Boulder, CO (1888PressRelease) December 04, 2019 - Pathfinder Partners, a San Diego-based investment firm specializing in value-add and stabilized apartments, has announced the completion of a comprehensive, $2 million remodel of two adjacent apartment communities – Henley and Remy – at 635 Mohawk Dr. and 565 Mohawk Dr. in Boulder, Colo.
According to Pathfinder Partner’s senior associate Aaron Flores, his company purchased the properties in 2017 and immediately embarked on a design and refurbishment project to modernize and upgrade the decades-old communities. Henley is a 50-unit property built in 1974; Remy is a 32-unit property built in 1968.
“The transformation of these properties is dramatic,” he said. “The end result is an elevated lifestyle for residents seeking a boutique, amenity-rich community with modern comforts.”
Flores said significant improvements were made to both communities, among them apartment interior updates, new exterior paint, enhanced landscaping and common area upgrades – including a completely refurbished clubhouse and the addition of a lounge/billiards room and a new yoga space.
Both communities share amenities including an updated indoor pool area, clubhouse lounge area, community kitchen, state-of-the-art fitness room/equipment and patio areas with plush new furnishings.
With many units offering sweeping views of the Flat Iron Mountains, the homes at Henley and Remy are spacious – with fireplaces, full-size washers and dryers, secure garage parking, oversized patios and balconies and built-in storage. Apartment interiors have been modernized with stainless steel appliances, quartz countertops, new shaker cabinet fronts, contemporary lighting and plumbing fixtures and faux wood flooring throughout the living areas. Floor plans range up to 1,500 square feet – some of the largest apartments in Boulder. A mix of studio, one-, two- and three-bedroom options are available.
Situated on 3.9 acres, the communities are joined by sweeping open space. Residents enjoy close proximity to employment centers, shopping, dining, parks, hiking trails and entertainment venues including downtown’s Pearl Street Mall.
More information is available at https://www.livehenleyandremy.com/.
Pinnacle Property Management Services (“Pinnacle”) oversees daily operations and leasing activities for the two communities. For leasing information, call 303-499-8603 or email HenleyRemyMGR ( @ ) pinnacleliving dot com dot
About Pathfinder Partners, L.P.
Headquartered in San Diego, Pathfinder Partners was founded by Mitch Siegler and Lorne Polger in 2006 to make opportunistic investments in distressed real estate assets and value-add properties. Pathfinder has acquired or sold $1 billion of properties since inception, including 17 properties in Colorado since 2009, of which seven are still owned by the firm. Pathfinder’s current portfolio is comprised primarily of apartment properties in major cities in the western U.S. Pathfinder seeks to maximize value through property enhancements, improvements in operations and marketing, property repositioning and other strategies. For more information on the firm or Pathfinder Partners Income Fund, visit www.pathfinderfunds.com or contact Mitch Siegler at msiegler ( @ ) pathfinderfunds dot com or 858-875-4455 dot
About Pinnacle
Founded in 1980, Pinnacle is a privately-owned, Dallas-based property management company. Pinnacle consistently ranks in the top three on the National Multi-Housing Council’s Top 50 list and services properties from 15 regional offices nationwide, with a portfolio of more than 172,000 apartments. For more information, visit www.pinnacleliving.com.
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