Auburn Ridge is an affordable housing community for seniors 55 and older located at 1101 Auburn Drive in the town of Castle Rock, Douglas County, Colorado. Auburn Ridge contains fifty four one-bedroom units and thirty six two-bedroom units representing ninety total units. The property is located near Red Hawk Ridge Golf Course, the Phillip S. Miller Douglas County Public Library and the AMC Castle Rock Movie Theater. The Castle Rock Senior Center is located less than four miles northeast of Auburn Ridge. The Senior Center arranges social activities for seniors, provides transportation, financial and health services and holds special recreational events including and annual golf tournament at Red Hawk Ridge Golf Course.
Equity Proceeds
$12,500,000
Credit Type
9% LIHTC Equity
Tenant Type/Construction Type
Senior/New Construction
City/State
Castle Rock/Colorado
South of Denver
Part Of Colorado’s Front Range Urban Corridor
Because of its Front Range location between Denver and its inner suburbs and Colorado Springs, many of Castle Rock’s residents commute nearly 20 miles to northern Colorado Springs or the Denver Technological Center which is an 18-mile drive north on I-25, with Downtown Denver roughly 30 miles north, and Denver International Airport about 45 miles north.
Vernacular Style
The Colors Of Gold And Auburn Are Reminiscent Of A Sunrise Atop A Ridge
Residents enjoy a spacious two-story community room with computers and Wi-Fi, seating, and a cafe bar, providing a space for residents to socialize; a media center with theater-style seating, a flat screen TV, and Wii; an exercise room; and a club on the 3rd floor, which includes a kitchen, seating area, and a game table. The exterior of the property features a community garden, dog park, security system, and a community patio. Individual units are equipped with full kitchens with Energy-Star related appliances (including dishwasher); stacked energy-efficient washer/dryer units; balconies or patios; air-conditioning; and spacious walk-in closets.