Our Approach

Helios Properties LLC was created to acquire value-add multifamily communities that meet the underserved mid-market rental need in high-barrier to entry submarkets. 

Based in Denver, Helios targets B & C class properties with a significant rent gap to nearby competitors in order to generate strong risk-adjusted returns for its investors.  Through a combination of hands-on asset management, strategic unit upgrades, and common area rehabilitation, Helios consistently strives to be a market leader. 

 
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Our Goal

is to bring an institutional approach to a market segment that often falls below the radar of typical institutional investors. 

 
 

Target Investment Summary

CRITERIA
 

Helios targets 50-200 unit properties in strategic infill locations with current rents at least 10% below competition.

RETURNS
 

We target competitive IRR's through a combination of strong cash flow and reversion upside to achieve compelling risk-adjusted returns.  Investment horizons range from 3-10 years dependent on business plan, market timing, and location.

MARKETS
 

Helios currently targets the Mountain States Region with a focus on the Colorado Front Range, but will consider other opportunities on a case-by-case basis.

 

Ridgeline Arvada

Arvada, CO

 - 60 Units  

 - Acquired November 2020  

Ridgeline Arvada is conveniently located in Arvada with easy access to Olde Town, the mountains, and various employment and entertainment centers throughout the Denver metro.  Built in the 1980's, Quail Ridge features balconies, forced air heating & cooling and a washer/dryer in each apartment unit. 

Sloans Place

Denver, CO

 - 24 Units  

 - Acquired October 2019  

Located in the burgeoning Sloans Lake Neighborhood, Sloans Place offers a newly constructed apartment building featuring high-end finishes with easy access to Sloans Lake Park and some of Denver's most exciting dining and entertainment within walking distance.

Reserve at Oak Park

Arvada, CO

 - 42 Units  

 - Acquired September 2021   

Reserve at Oak Park is conveniently located in Arvada with easy access to Olde Town, the mountains, and various employment and entertainment centers throughout the Denver metro.  Built in the 1970's, Reserve at Oak Park offers affordable housing in one of Denver’s most sought after submarkets.

 

Cherry Creek Square

Aurora, CO

 - 56 Units  

 - Acquired July 2019  

Cherry Creek Square offers easy access to a large amount of retail, dining and jobs while rents are a discount to the numerous newer properties that surround the asset.

Pecos Gardens

Denver, CO

 - 54 Units  

 - Acquired January 2020  

Pecos Gardens is conveniently located in North Denver, offering quick access to some of the Denver Metro's premier employment centers.  With units at an affordable price point, this is a convenient workforce housing community.  

Red Rock Terrace

Colorado Springs, CO

 - 23 Units  

 - Acquired August 2018 

 - Sold July 2021  

Located in the Old Colorado City neighborhood, this asset offers easy access to outdoors activity, downtown and is adjacent to a plethora of retail and dining.

2.03x
Multiple to Investor

28.44%
IRR

 

About Helios Properties

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Justin Sims founded Helios Properties in 2018.  Justin started his real estate career at Baron Properties/Mountain West Industrial Properties – a developer and operator of multifamily and industrial properties in Denver, Phoenix, Houston and Dallas.  During his eight years there, Justin progressed from an Analyst to a Principal and was intimately involved in every aspect of the company – including acquisitions, asset management, development, dispositions, investor relations and corporate strategy.  Subsequently, Justin joined Abacus Capital Group – a Private Equity Real Estate firm - as a Director of Acquisitions.  While there, he oversaw acquisition and disposition efforts for the central third of the US ranging from the Colorado Front Range to the Mississippi River.  Justin also collaborated closely with the asset management team to create and implement the business plan for each individual asset.  Throughout his career, Justin has been involved with the acquisition, asset management, disposition and/or development of over $950 million of real estate.  Justin has an undergraduate degree from the University of Michigan and an MBA with a concentration in Real Estate from University of Colorado-Boulder.

 

Get in Touch

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