Completed in 2015, Kipling Commons provides renters with spacious and quality homes. With rental rates averaging $2,154 for 1,065 SF, residents enjoy a $55 discount and an additional 141 SF compared to similar product in Arvada. Additionally, the property features 48 detached garages, allowing every resident to enjoy their own private garage.
Arvada is one of west Denver's most sought-after submarkets with limited new supply. With an average occupancy rate of 96.7% in 2024 and household income within one mile of $124,281, renters continue to move to Arvada keeping apartment fundamentals strong and demographics to remain among some of the best in the metro area. Despite these desirable demographics, new supply in suburban Arvada is limited, ensuring strong fundamentals going forward.
Located in an idyllic suburban area, Kipling Commons offers easy access to employment and retail destinations. Just a 10-minute drive away, Olde Town Arvada provides residents with a vibrant, walkable retail and entertainment destination. Featuring a variety of restaurants, boutique shops, and entertainment options, this highly desirable area has seen significant growth in recent years and is well-positioned for continued expansion.
Residents also enjoy easy commutes to three of Denver's major employment hubs, including the 145,000+ jobs in Downtown Denver and the second largest concentration of federal jobs outside of Washington DC at the Federal Center.