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:
- Property Type: Multifamily
- Transaction Amount: $85,000,000
- Units: 297
- Price Per Unit: $286,195
- Buyer: Four Peaks Multifamily Partners
- Seller: Hamilton Zanze & Company
- Date of Sale: 09/03/2025
- Market: Broomfield, CO
- Brokers: David Potarf, Dan Woodward, Matt Barnett & Jake Young - Walker & Dunlop
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
Broomfield MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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