SOLD
MG Properties Group Acquires Denver Apartment For $141M
3300 South Tamarac Drive
MultiFamily
228,702 SF
228,702 SF
Sold 1 year ago
Summary
Sale
COLORADO
MultiFamily
228,702 sqft
The apartment property located at 3300 S Tamarac Dr. in Denver, CO was recently sold in a closed transaction. The property, consisting of 564 units, was sold for a total price of $141,000,000, resulting in a price per unit (PPU) of $250. The sale was facilitated by brokers Dave Martin and Brian Mooney from Northmarq.
Summary of transaction details
- Property Type: Apartment
- Transaction Amount: $141,000,000
- Units: 564
- Price Per Unit: $250
The buyer in this transaction was MG Properties Group, while the seller was Gelt Inc., represented by Keith Wasserman and Jeff Harris. Brokers Dave Martin and Brian Mooney from Northmarq acted as the representatives for the buyer and seller, respectively.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Dave Martin & Brian Mooney
DATE: 01/11/2022
ADDRESS: 3300 S Tamarac Dr.
MARKET: Denver, CO
ASSET TYPE: Apartment
BUYER: MG Properties Group
SELLER: Gelt Inc. - Keith Wasserman & Jeff Harris
BROKER: Dave Martin & Brian Mooney - Northmarq.
SALE PRICE: $141,000,000
UNITS: 564 ~ PPU: $250View on map
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Address3300 South Tamarac Drive
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