Trion Properties Inc. Acquires Multifamily Property In Edgewater, CO For $108.75M

The multifamily property located at 6201 W 26th Ave in Edgewater, CO has been sold. The property consists of 402 units with a total square footage of 339,260. The sale price for this transaction was $108,750,000, resulting in a price per unit of $270,522 and a price per square foot of $320.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $108,750,000
• Address: 6201 W 26th Ave, Edgewater, CO
• Units: 402
• Price Per Unit: $270,522
• Total Square Footage: 339,260
• Price Per Square Foot: $320

The buyer of the property is Trion Properties Inc. represented by Max Sharkansky, Mitch Paskover, David Moghavem, Farhan Mahmood, and Oleg Enik. The seller is Bill Bivens. The transaction was facilitated by broker Elliott Polanchyck from Unique Properties.

This deal marks the firm’s largest acquisition to date and was sourced completely off-market.