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Opportunity to acquire a well-maintained Multifamily Asset centrally located in Arvada, CO, a suburb of Denver about 20 minutes outside of the urban core. Arvada is ideally located between Downtown Denver and Boulder, providing residents expedient access to two of Colorado’s economic hubs. Columbine Village is less than one mile from Olde Town Arvada, Arvada’s historic downtown district. Along a distinct Main Street, residents and visitors can find a diverse array of shops, boutiques, galleries, events, restaurants and breweries.
- [Denver, CO, Thursday, April 17th 2023] – Colliers Multifamily Advisory Group announced the sale of Columbine Village Apartments for $44,750,000 which equates to $192,888 per unit and just over $300 per square foot. Columbine Village is a 232-unit Senior, LIHTC community, built in phases from 1998 to 2003 and located at 7901 West 52nd Avenue, Arvada, Colorado, just minutes to Old Town Arvada. Bill Morkes and Craig Stack of Colliers Denver Multifamily Investments represented the seller and sourced the buyer.