Dan Byrnes Of Security Properties Acquires Rosemont West 84th Multifamily In Federal Heights For $51.03M

The asset involved in this transaction is a multifamily property located at 1327 West 84th Avenue, Federal Heights, CO. The property consists of 300 units and was sold for a total price of $51,030,000, translating to a price per unit of $170,100.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $51,030,000
• Address: 1327 West 84th Avenue
• Market: Federal Heights, CO
• Units: 300
• Price Per Unit: $170,100
• Buyer: Dan Byrnes - Security Properties
• Seller: Investcorp
• Sale Date: 12/15/2025

Security Properties has reacquired Rosemont West 84th, marking the firm's eighth market-rate acquisition of 2025 and its 13th property in the Denver metro area. This acquisition comes at about a third below the property's sale price in 2021.