Pricing Michael Beck February 28, 2024

mullen residences at the highlands

Pricing

Discover the True Value of Independent Living

An exciting new Independent Living community, Mullen Residences at the Highlands is on the horizon — thoughtfully designed to offer freedom, connection, and lifestyle that truly enriches daily living.  While it’s hard to put a price on your quality of life,  the pricing of Mullen Residences reflects the value of independent living when you consider the inclusive amenities, social opportunities, and worry-free living.

asian couple outside landscape (2)

Independent Living Pricing

At Mullen Residences at the Highlands, our independent living community’s monthly fees cover more than just a place to live. They will include a range of amenities and services

Here’s an overview of our expected fee ranges. We’ll have final monthly pricing available as we get closer to opening.

100% Refundable Entrance Fees

Apt. StyleEstimated Monthly Fee RangeEntrance Fee Range
One Bedroom$4,620 -$5,415$309,490 -$340,250
One Bedroom + Den$6,090 -$7,325$404,165 -$460,650
Two Bedroom$6,955 -$8,130$470,340 -$518,195
Two Bedroom + Den$7,645 -$11,430$508,130 -$678,870
Old Main Apt. StyleEstimated Monthly Fee RangeEntrance Fee Range
One Bedroom$3,580 -$4,960$181,765 -$301,860
One Bedroom + Den$4,870 -$5,555$331,500 -$341,445
Two Bedroom$5,985 -$6,640$395,766 -$408,330

Frequently Asked Questions

We offer a variety of floor plans in all levels of living. In Independent Living we offer 1 bedroom, 1 bedroom with den, 2 bedrooms and 2 bedrooms with den. Assisted Living will feature studios, 1 bedrooms, 1 bedroom with den and 2 bedrooms. In Memory Support there are studios or 1 bedrooms. Our spacious floor plans will set us apart
from other senior living communities in the Denver area.

While we can’t predict the economic conditions or market demand four years from now, your first-year rate will fall within our
projected range based on apartment size, features, and views. Future annual increases are based on market conditions.

Yes, the entrance fee is fully refundable when you move out or transition to higher care.

The refundable entrance deposit replaces money that would otherwise have to be borrowed on capital markets, therefore the foregone monthly debt service allows rent to be lower as there is not the associated debt cost. Additionally, it supports the development of enhanced amenities that would not be possible through rental income alone, enriching the resident experience.

No, interest is not collected on the entrance deposit. It is fully refundable upon a move to a higher level of care or a move out of the community.

About Senior Living Pricing

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Entrance Fees

At Mullen Residences at the Highlands, you pay a one-time entrance fee that is based on the type and size of the floor plan you choose. 

By reserving your place at Mullen Residences, you secure your preferred apartment. Your entrance fee helps build the community from ground up, avoiding costly construction loans. While interest is not collected on the deposit, it remains 100% refundable upon leaving the community.

mullen residences at the highlands senior couple with wine landscape 1
Monthly Fees

Your monthly fee is used to cover your cost of living expenses including the amenities, utilities, maintenance, 24-hour staffing and alert system. You will also enjoy a full calendar of social and educational events, and daily breakfast or lunch. 

 

As a non-profit community we don't answer to shareholders. Instead we reinvest profits back into the community.

mullen residences at the highlands senior couple eating together landscape
The Cost of Staying at Home vs. Senior Living

Making the decision to move into a senior living community is a big deal. It’s natural to wonder if it would be more cost effective to stay at home. Once you consider the cost of maintaining a home, transportation, utilities, and other household expenses, moving into a senior living community maybe more affordable than you think.

 

Download our cost comparison sheet to get a clearer picture of what makes sense for you.

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