MIG Real Estate Acquires 74-Unit Multifamily Complex In Boulder For $35M

A multifamily asset, Basecamp, located at 1620 8th Avenue in Boulder, CO, was sold for $35,000,000. The property comprises 74 residential units, resulting in a price per unit of $472,973.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $35,000,000
• Buyer: MIG Real Estate
• Seller: Confluence Companies
• Units: 74
• Price Per Unit: $472,973
• Market: Boulder, CO

The transaction was facilitated by Walker & Dunlop, with Dan Woodward, David Potarf, Jake Young, and Matt Barnett representing the seller, Confluence Companies, in the deal.