Kairoi Residential Acquires Zia Sunnyside Apartments In Denver For $161M

Kairoi Residential, a San Antonio-based real estate firm, has acquired the Zia Sunnyside apartments in Denver for a total price of $161,000,000. The multifamily property is located at 4055 Inca Street and consists of 434 units.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $161,000,000
• Address: 4055 Inca Street, Denver, CO
• Market: Denver, CO
• Buyer: Michael Lynd - Kairoi Residential
• Seller: Tim Walsh - Confluence Companies
• Brokers: Dan Woodward, David Potarf, Jake Young & Matt Barnett - Walker & Dunlop
• Units: 434
• Price per Unit (PPU): $370,968

Kairoi Residential, led by Michael Lynd, entered into the transaction to acquire the Zia Sunnyside apartments from Tim Walsh's Confluence Companies. The deal was facilitated by brokers Dan Woodward, David Potarf, Jake Young, and Matt Barnett from Walker & Dunlop.