Avanti Residential has partnered with Trinity Investors in the $45 million acquisition and recapitalization of Sunset Peak Apartment Homes, a 184-unit multi-family community located north of downtown Denver in Thornton, Colo. The transaction is the first investment between Texas-based Trinity Investors and Avanti in the Denver marketplace.
The project is unique in its townhome design and low density for the local market area and will receive a fresh capital infusion of approximately $5.3 million for apartment interiors, new amenities and exterior improvements.
Sunset Peak Apartment Homes is located at 475 Russell Blvd., just off I-25 and Thornton Parkway, and a 15-minute drive to Denver’s central business district. The project features a mix of two- and three-bedroom townhomes amid a spacious greenbelt area on a 12-acre site. Amenities include a swimming pool and splash pad, grilling station and dog park. A new fitness center and upgrades to the pool and playgroun
