Opportunity
Berkadia is pleased to present the exclusive listing of Enclave Vista Ridge, a 169-unit community built in 2018, located in the thriving Denver suburb of Erie. This property offers a unique mix of conventional apartments, townhomes, and detached single-family homes, providing flexibility for future divestment. With assumable interest-only debt at an attractive 3.88% rate, new ownership can benefit from improved cash flow and strategic business planning. Situated in the Erie/Firestone/Frederick submarket, Enclave Vista Ridge boasts impressive occupancy rates and a robust 4.84% rent growth over the past year, making it an ideal investment opportunity for stable cash flows and value appreciation.
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Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
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2802 Ridge View Circle | Erie, CO 80516 | Weld County
Enclave Vista Ridge
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169 Apartments, Townhomes & Single-Family Homes
LOCATION
Annie Liston
Director of Operations 303.689.8356 annie.liston@berkadia.com DRE #100082735
Gareth Whitham
Senior Financial Analyst 303.689.8345 gareth.whitham@berkadia.com DRE #100105438
Samuel Maldonado
Transaction Manager
303.607.9012
samuel.maldonado@berkadia.com
DRE #100100647
Ana Cosmatos
Senior Graphic Designer 303.689.8346 ana.cosmatos@berkadia.com
Support Staff
Robert Doxsee
Managing Director 425.777.0235 robert.doxsee@berkadia.com
Jason Bond
Managing Director 312.845.8504 jason.bond@berkadia.com
Charlie Haggard
Senior Managing Director 949.622.9239 charlie.haggard@berkadia.com
Laura Cathlina
Senior Managing Director 312.845.1887 laura.cathlina@berkadia.com
Patrick McGlohn
Managing Director 301.941.4610 patrick.mcglohn@berkadia.com
Kevin Mignogna
Senior Managing Director 619.622.9238 kevin.mignogna@berkadia.com
Steve Skok
Managing Director 312.845.5164 steve.skok@berkadia.com
Jake Adoni
Associate Director 215.328.1324 jake.adoni@berkadia.com
Mortgage Banking (out of state)
Kevin Batt
Managing Director 303.689.8307 kevin.batt@berkadia.com
Stephen DeMars
Associate Director 303.689.8339 stephen.demars@berkadia.com
Christopher Ellis
Senior Managing Director 303.689.8317 christopher.ellis@berkadia.com
Brian Huff
Managing Director 303.689.8314 brian.huff@berkadia.com
Matt Schildwachter
Managing Director 303.689.8324 matt.schildwachter@berkadia.com
Mortgage Bankers
Mike Grippi
Senior Managing Director 303.888.3876 mike.grippi@berkadia.com DRE #40033945
Pam Koster
Senior Managing Director 303.981.3622 pamela.koster@berkadia.com DRE #100045388
Robert Bratley
Managing Director 541.729.9667 robert.bratley@berkadia.com DRE #100039008
Jack Sanders
Director 720.474.5233 jack.sanders@berkadia.com DRE #100075645
Investment Advisors
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2018 Year of Construction
$186,995 Average Household Income
Assumable Interest-Only Debt
All Homes Have Direct Access Garages
Community is Adjacent to Grocery-Anchored Retail
Select Homes Adjacent to Colorado National Golf Club
Erie, CO
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LOCATION
Booming Population Growth
The area around Enclave Vista Ridge has grown by 4,437 people since 2020 and is projected to expand by 21.67% by 2029, highlighting dynamic regional growth.
Market-Leading Occupancy and Rental Growth The Erie/Firestone/Frederick submarket boasts over 95% occupancy and a 4.84% rental rate growth over the past year, driven by limited vacancies.
Unique Unit Mix Enclave Vista Ridge offers 25 single-family homes, 55 townhomes, and 89 apartments, providing diverse living options beyond traditional offerings.
Enhanced Cash Flow with Assumable Financing The property includes $39,133,000 in assumable interest-only debt at 3.88%, enhancing cash flow with nearly two years remaining.
Cost-Effective Rental Alternative With local home values averaging $866,893, Enclave Vista Ridge offers a quality rental option without the burden of homeownership.
Top-Ranked Educational Opportunities Located in the highly-rated St Vrain School District, the area is one of the most sought-after locations in Northern Colorado.
Address City, State Zip Code County Year Built Buildings Units Stories Net Rentable Area Avg SF per Unit Parking Parking Ratio
Property Information
2802 Ridge View Circle Erie, CO 80516 Weld 2018 61 Residential, One Clubhouse 169 One & Two (Residential), One (Clubhouse) 225,466 1,334 112 Surface Spaces, 268 Attached Garages 2.25
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