Updated Oct 12, 2026
Milestone Group Acquires Solaire Apartments In Brighton For $65.3M From Inland Real Estate Acquisitions
1287 South 8th Avenue
$65,300,000
Units
252
Asset Type
MultiFamily
Closing
Apr 11, 2025
About this deal
AI
The asset involved in the transaction is the Solaire Apartments, a multifamily property located at 1287 South 8th Avenue in Brighton, CO. The sale price for the property was $65.3 million, translating to approximately $259,127 per unit. The property contains a total of 252 residential units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $65,300,000
- Buyer: Milestone Group
- Seller: Inland Real Estate Acquisitions Inc
- Total Units: 252
- Price Per Unit: $259,127
Milestone Group was the purchaser in this transaction, acquiring the property from Inland Real Estate Acquisitions Inc. This sale highlights the ongoing interest in multifamily assets in the Brighton, CO market.
On the Map
$65,300,000
MultiFamily
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Brighton 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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93