BrokerageMultifamily

CBRE Completes $41.8M Sale of Highpointe Park Apartments in Thornton

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Thornton, CO – CBRE Denver Multifamily Investment Properties, which recently completed the sale of Highpointe Park Apartment Homes, a multifamily property located in North Denver at 9701 Pearl Street in Thornton, Colorado.

Built in 2013, the 220-unit property includes 206,570 total rentable square feet. The sales price was $41.8 million or $190,000 per unit. David Potarf, Dan Woodward, Matt Barnett and Jake Young of CBRE Denver Multifamily Properties represented the seller, a confidential entity that we cannot disclose. The buyer was Hamilton Zanze and Co. of San Francisco. The property sale closed April 20, 2016.

 

Photo courtesy of CBRE

 

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