An affiliate of Oberndorf Real Estate Management and The Bascom Group announced that it has closed on the acquisition of the 360-unit Hearthstone at City Center located at 932 South Helena Way in Aurora, Colo., for $74 million.
Constructed in 1984 as a low-density community comprises 41 buildings across 18.25 acres, Hearthstone features ample onsite outdoor space and a diverse mix of one-, two- and three-bedroom floor plans. The community is southeast of Aurora city center, a midway point between downtown Denver and Denver International Airport, just minutes from Interstate 225, the Aurora Metro Center Station RTD Line and a 20-minute drive to downtown Denver.
Residents at Hearthstone can access employment opportunities within a 20-minute commute from the property. Nearby employment hubs include Fitzsimons Medical Campus, Buckley Space Force Base, Denver International Airport, Denver CBD, Denver Tech Center and Cherry Creek. Hearthstone’s location offers access to
