Sierra Parkway Communities Acquires Fox Hill Apartments In Golden Colorado For $32 Million

The sale involved a multifamily asset, specifically Fox Hill Apartments, which is a 153-unit garden-style community located at 17611 West 16th Avenue in Golden, Colorado. The transaction closed on August 7, 2026, for a total sale price of $32,000,000, translating to a price per unit of $209,150. The property, constructed in 1972, was maintained with a 95% occupancy rate and provided potential for value-add renovations and upgrades to amenities.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $32,000,000
• Buyer: Sierra Parkway Communities
• Seller: Monarch Investment and Management Group
• Units: 153
• Price per Unit: $209,150
• Brokers: Wick Kirby, Jordan Robbins, Alex Possick & Seth Gallman - JLL

JLL facilitated the transaction, representing the seller, Monarch Investment and Management Group, who previously owned the property for nearly 30 years. The deal highlights the involvement of brokers Wick Kirby, Jordan Robbins, Alex Possick, and Seth Gallman, who played a critical role in negotiating and arranging the successful sale.