Avanath Capital Management Acquires Multifamily Property In Denver For $58.1M

The multifamily property located at 8400 East Yale Ave in Denver, CO has been sold. The transaction took place on 11/10/2022, with Avanath Capital Management purchasing the property from MIG Real Estate. The sale price for this 168-unit multifamily asset was $58,100,000, resulting in a price per unit of $345,833.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $58,100,000
• Units: 168
• Price per Unit (PPU): $345,833
• Address: 8400 East Yale Ave, Denver, CO
• Buyer: Avanath Capital Management
• Seller: MIG Real Estate
• Broker: CBRE

CBRE represented the buyer, Avanath Capital Management, in this transaction.