About this property

Urban Capital and Ibex Ventures have joined forces to revitalize the corner of 12th and E Street in the downtown Urban Core with an exciting new 132-unit development known as Esperanza. Esperanza, which translates to "hope" in Spanish, features 132 carefully crafted, attainable housing units. The development comprises 40 efficient studio apartments, each measuring 320 SF, and 92 1-bedroom lofts, ranging from 480 to 520 SF. Each unit is equipped with a full-size kitchen and an in-unit washer and dryer for added convenience. The project also includes a community courtyard with bike storage, a communal lounge, and a shared lobby for receiving packages and mail. What sets this project apart is its unique focus on serving individuals and families with incomes ranging from 60%-120% of the Area Median Income (AMI).