Live Work Pet Community

Asset type: Apartment · Location: Denver, Colorado

Live Work Pet – Signalmen Deal | Denver, CO Offering Type: Equity Investment Property Type: Class B Multifamily Units: 52 | Year Built: 2022 Location: West Colfax, Denver, CO Total Raise: $4,000,000 Target IRR: 25% | Preferred Return: 8% Equity Multiple: 2.5x | Hold Period: 5 years Our newest investment opportunity, Live Work Pet Denver , is a 52-unit boutique apartment community built in 2022 that the sponsors are under contract to acquire below market comps in Denver's highly desirable Sloan's Lake neighborhood. This new concept blends luxury housing with bundled, on-site pet care services, creating massive value by attracting and retaining a premium tenant base of high-earning pet parents. Participants will receive a 8% annual accrued preferred return and a share of the project's remaining cash flow and profits in exchange for their investment. The sponsors estimate that investors will earn a 10% average annual cash on cash return after project stabilization and a 25% net to investor IRR over a five-year hold. Project Highlights: Proven Strategy, Elevated Model: Pet rent has long been a proven way to boost NOI. Live Work Pet takes that strategy further by offering real, built-in value—daily dog walks, monthly grooming, boarding, and annual vet visits—that commands higher rents, reduces turnover, and drives lasting demand. Acquired at a Discount to Market Comps: Live Work Pet Denver was purchased at $288K per unit—well below local comparables ranging from $340K–$370K. With ~$750K in targeted capital improvements, the repositioned asset is projected to generate over $600K in additional NOI. Premium Rents + Recurring Revenue: The integrated pet care offering supports a 30% rent premium while reducing vacancy and turnover. Additional upside comes from non-resident memberships, à la carte services, and on-site pet product sales—creating durable cash flow beyond rent roll. Experienced, Category-Defining Team: Live Work Pet co-founder and CEO Jason Meltzer previously launched Wag!, the on-demand dog walking app that raised $350M+ and IPO'd in 2022. Greg James , co-founder and head of real estate, is a former Irvine Company executive and co-founder of OWN LA, with 10+ years of experience with institutional multifamily deals. Why Denver, Why Now? • Booming pet ownership among renters (72%) • Remote work increasing demand for lifestyle-focused living • West Colfax experiencing high absorption and rent growth • Immediate access to parks, transit, and dog-friendly urban amenities Deal Structure: • LP investment in property-level SPV Limited spots available — secure your allocation before the August 31 close.