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11775 Wadsworth Boulevard

Four Peaks Multifamily Partners Acquires Harvest Station Apartments In Broomfield For $85 Million
SOLDMultiFamily

Four Peaks Multifamily Partners Acquires Harvest Station Apartments In Broomfield For $85 Million

11775 Wadsworth Boulevard

$85,000,000

Building Size

Asset Type

MultiFamily

Closing

Sep 3, 2025

AI

The property involved in this transaction is the Harvest Station Apartments, a multifamily asset located at 11775 Wadsworth Boulevard in Broomfield, CO. The property comprises 297 units and was sold for $85,000,000, translating to a price per unit of $286,195.

Summary of transaction details:

California-based Four Peaks Multifamily Partners completed the acquisition of the Harvest Station Apartments from Hamilton Zanze & Company, who originally purchased the property in 2016 for $67.2 million. The brokers representing the transaction were David Potarf, Dan Woodward, Matt Barnett, and Jake Young from Walker & Dunlop.

Players

Jake Young

Walker & Dunlop

Broker

$541M

vol

5 deals

Broker
Walker & Dunlop
Walker & DunlopBrokerage
Hamilton Zanze & Company
Hamilton Zanze & CompanySeller

Broomfield MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.19%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93