Denver-based Brinkman Real Estate has acquired Knox on 12th Apartments, a 56-unit multifamily community located in Ogden, Utah, approximately 40 minutes north of Salt Lake City. The acquisition further expands the firm’s growing footprint across the Mountain West.
Completed in 2020, Knox on 12th features modern apartment homes with high-end interior finishes and efficient layouts. The newer-construction asset is expected to require minimal near-term capital expenditures, offering residents contemporary living at competitive rental rates within the Ogden market.
“Knox on 12th aligns well with our strategy of acquiring high-quality, newer-construction housing at a basis below replacement cost,” said Tara Meehan, vice president of Investments at Brinkman Real Estate. “The combination of attractive in-place financing, operational scale, and strong local market fundamentals positions this asset to deliver compelling risk-adjusted returns for our investors. As a Denver-based firm, we’re focused on growing thoughtfully across the broader Mountain West where we see long-term population and employment tailwinds.”
Knox on 12th also benefits from operational synergies with Brinkman’s nearby community, Chloe’s Pointe at 231 W 12th St. Shared staffing and vendor efficiencies are expected to reduce operating costs while maintaining service quality. The complementary unit mix between the two communities allows for cross-property leasing referrals without direct competition on rental rates.
“Ogden continues to experience strong population growth supported by Utah’s business-friendly climate, employment expansion, and relative affordability compared to the broader Salt Lake City metropolitan area. These fundamentals support durable tenant demand and long-term rental growth,” continued Meehan.
The acquisition reflects Brinkman’s broader strategy of expanding its multifamily portfolio throughout high-growth Western markets while maintaining operational discipline and a resident-first approach.
