Bell Partners has acquired Montane Apartments, a 400-unit apartment community located in Parker, Colo. The property was acquired on behalf of the company’s Bell Value Add Fund VIII and will be renamed Bell Parker Ranch.
“Bell Parker Ranch is located in one of Denver’s most desirable submarkets, characterized by strong demographic trends, attractive retail and recreational amenities, and great schools,” said Nickolay Bochilo, CIO at Bell Partners. “We’re excited about the upgrades being planned for individual apartment homes, which we expect, when combined with unique features already on the property, will deliver a superior living experience for our current and future residents.”
Completed in 2018, Bell Parker Ranch is a garden-style community comprised of studios and one-, two- and three-bedroom floorplans. Amenities include a lazy river (one of only two in Colorado), an oversized clubhouse and well-programmed green spaces. Notable retailers, such as Tra
