The View is 288-unit garden style property located on 22 acres in the Northglenn suburb of Denver, Colorado. The opportunity was to acquire a strong cash flowing asset at a period of historically low interest rates in one of the strongest markets in the nation.
Northglenn is centrally located within thirty minutes of Denver’s major demand centers – 15 minutes to the Interlocken Tech Corridor, 20 minutes Downtown Denver and 25 minutes from Downtown Boulder. The Denver MSA, over the past five years, is the third fastest growing metro in the United States. That growth is driven by big tech moving from the Bay Area to Denver for affordability, lifestyle and an educated workforce.
No. of Units 288
Acquisition Date August 27, 2020
Acquisition Price $38,000,000