Red Peak Properties acquired the 439-unit Seasons apartments in Denver for $75 million, or about $170,843 per unit, with a cap rate of 3.43%. The complex was 92% occupied at time of sale.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- The Seasons of Cherry Creek
3498 Ellsworth Ave, Denver, CO