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Benedict Canyon Equities Acquires 314-Unit Multifamily Property In Fort Collins For $110M

Property Image
SOLD
$110,000,000

Colorado

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MultiFamily
Sold 11/08/2022
the dealdetailscomps
Property Image
SOLD

Benedict Canyon Equities Acquires 314-Unit Multifamily Property In Fort Collins For $110M

2451 South Timberline Road, Fort Collins, Colorado 80525, United States

See Similar Deals
MultiFamily
Sold 11/08/2022

Summary

COLORADO
Asset Type:MultiFamily
Transaction Type:Sale

The multifamily property located at 2451 S. Timberline Road in Fort Collins, CO has been sold. The property spans over 16 acres and consists of 314 units. The transaction took place on November 8, 2022, with Benedict Canyon Equities as the buyer and McWhinney as the seller. Walker & Dunlop acted as the broker in this deal. The sale price for the property was $110,000,000, leading to a per-unit price of $350,318.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $110,000,000
  • Address: 2451 S. Timberline Road, Fort Collins, CO
  • Market: Fort Collins, CO
  • Buyer: Benedict Canyon Equities
  • Seller: McWhinney
  • Broker: Walker & Dunlop
  • Units: 314
  • Price Per Unit: $350,318

The sale of this multifamily property showcases the successful collaboration between Benedict Canyon Equities, as the buyer, and McWhinney, as the seller. Walker & Dunlop served as the broker in this transaction, facilitating the deal between the parties involved. This sale highlights the continued growth and investment in the Fort Collins, CO market.

Players

BUYER

Details

SOLD
IMAGE: 11/08/2022 ADDRESS: 2451 S. Timberline Road MARKET: Fort Collins, CO ASSET TYPE: Multifamily ~ ACRES: 16 BUYER: Benedict Canyon Equities. SELLER: McWhinney BROKER: Walker & Dunlop SALE PRICE: $110,000,000 UNITS: 314 ~ PPU: $350,318

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