Broomfield's 8000 Uptown Apartment Complex Sells For $95 Million

BROOMFIELD, CO — BizWest reports that the 8000 Uptown Apartments in Broomfield sold for $95 million, or $264,000 per unit, according to public records. The buyer's broker was identified as Inland Real Estate Acquisitions Inc., of Oak Brook, Illinois.

The 14-acre site was developed by the Wolff Company of Scottsdale, Arizona, with 380 high-end apartment units clustered in nineteen three-story "tuck under" buildings as part of the Arista Master Plan for a transit-oriented community near the 1st Bank Center.

The top-tier apartment units were designed with luxury features, according to BizWest reporter Doug Storum including:

at least nine-foot ceilings, stainless-steel appliances, quartz countertops, oversized windows, a washer and dryer and a private balcony or patio. Community amenities include a clubhouse with coffee and beer on tap, fitness center, business center, playground, resident lounge and a resort-style heated swimming pool.

According to Bizwest, the development's units were more than 90-percent sold at the time of sale.

Read more in BizWest here.

Image via Patch.com