ACQUISITION CRITERIA
Development
Mountain West
Monroe Residential Partners specializes in real estate investment and development, with a primary focus on acquiring, repositioning, and developing multifamily assets in supply-constrained markets across the mountain west.
— Our Mission
Provide high-quality, efficient apartments in areas that serve as bedroom communities to major resorts, where housing affordability is a significant challenge for employees. We actively seek partnerships with local employers to offer predictable and reliable housing options for their workforce.
Development
Criteria
- 1-10+ acres
- Property value up to $5,000,000 not including development costs
- Zoned land or a visible path to securing entitlements for 100+ units is ideal but will consider sites that can accommodate 40+
- Water Rights or a realistic path to obtaining them is required
- Must be within a 45-minute commute to a major resort market
Target
Markets
- Victor-Driggs, ID (Jackson Hole)
- Hailey-Ketchum, ID (Sun Valley)
- Colorado Springs-Carbondale, CO (Aspen-Snowmass)
- Frasier-Tabernash, CO (Winter Park)
- Eagle-Avon, CO (Vail-Beaver Creek)
- Steamboat Springs, CO
- Summit County, CO (Breckenridge, Keystone, Copper Mt)
- Park City, UT
Acquisition
Structures
- All-cash or joint ventures with land owners considered.
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