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90 Miller Avenue

MLG Capital Acquires 216-Unit Platte View Landing Apartments In Brighton For $51.95M From Hamilton Zanze
SOLDMultiFamily

MLG Capital Acquires 216-Unit Platte View Landing Apartments In Brighton For $51.95M From Hamilton Zanze

90 Miller Avenue

$51,950,000

Building Size

Asset Type

MultiFamily

Closing

Dec 31, 2025

AI

The asset involved in this transaction is the Platte View Landing Apartments, a multifamily property located at 90 Miller Avenue in Brighton, Colorado. It consists of 216 units and was acquired for a total price of $51,950,000, translating to a per-unit price of $240,509.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $51,950,000
  • Units: 216
  • Price Per Unit: $240,509
  • Buyer: MLG Capital
  • Seller: Hamilton Zanze & Company
  • Date of Sale: 12/31/2025
  • Market: Brighton, CO

This transaction highlights the involvement of MLG Capital as the buyer and Hamilton Zanze & Company as the seller. The deal was completed on the last day of 2025, marking a significant acquisition in the Brighton market.

Players

MC
MLG CapitalBuyer

Brighton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.31%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93