The collateral of this loan consists of urban style townhomes located about 15 miles east of downtown Denver and just minutes from Denver International Airport. Most of the homes constructed have been sold already with less than 10 remaining available for sale. Townhomes in the community range from 1,051 to 1,264 square feet and are selling anywhere from $344,000 to $387,000. Lokal Homes is offering multiple two-bedroom, two-bath and multiple three-bedroom, three-bath floor plans to accommodate single family residents. The community known as Gateway Commons offers a central grass park with fire pit and a dog park. Each of the units has a one-car garage included. The borrower currently anticipates completely selling out of the units by the end of the summer.