Updated Nov 8, 2026
Todd Bancroft Of Draper & Kramer Acquires 120-Unit Epoque Apartment Complex For $62M
1175 Newstar Way
$62,000,000
Units
120
Asset Type
MultiFamily
Closing
Nov 2, 2026
About this deal
AI
The property asset involved in this transaction is the Epoque apartment complex located at 1175 Newstar Way, Golden, CO. It consists of 120 units, accommodating multifamily living needs. The sale price for the property was $62 million, translating to approximately $516,667 per unit.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $62,000,000
- Units: 120
- Price Per Unit: $516,667
- Buyer: Todd Bancroft - Draper & Kramer
- Seller: Forum Investment Group
- Sale Date: 11/02/2026
This transaction involved Todd Bancroft representing Draper & Kramer, a firm that specializes in multifamily investments. The seller, Forum Investment Group, completed the sale of the property as part of their portfolio strategy.
On the Map
$62,000,000
MultiFamily
View full map
Golden MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Todd Bancroft to view all their deals.
Browse Golden multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93