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
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