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29th Street Capital Sells Village West Apartments in Arvada for $10.8M

Boulder Investor Purchases 58-Unit Multifamily Building
By Victoria C Branch
November 3, 2017 | 10:35 P.M.

An individual investor acquired the Village West, a 58-unit multifamily building located in Arvada, CO, from 29th Street Capital for $10.825 million, or about $187,000 per unit. The three-story apartment building delivered in 1972 but had extensive renovations done in 2016. Village West is located within walking distance of Arvada West Veterinary Hospital and Harold Lutz Sports Complex. John Blackshire and Thomas Wanberg from Transwestern represented the seller, while Phil Dankner from Unique Properties, Inc. represented the buyer. Please see CoStar COMPS # 4023475 for more information on this transaction.

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