CA Ventures announces $65m sale of Fort Collins apartment building
CA Ventures has announced the sale of 281 Willow, an apartment building located in Fort Collins, Colo.
The $65 million sale, which closed on Sept. 28, was arranged by the Walker & Dunlop Denver investment sales team on behalf of CA Ventures, the client, and Borello Asset Management Inc., the buyer.
281 Willow is a 197-unit, newly constructed class A apartment community located directly adjacent to downtown Fort Collins. The apartment community offers residents central access to restaurants, retail, recreation outlets and employment opportunities.
The building is also approximately one mile from the campus of Colorado State University, which is home to 33,000 full-time students and 2,600 faculty.
Residents who live at the apartment community will have an easy commute to downtown Fort Collins, the CSU campus, numerous UTHealth hospitals, as well as major employment centers throughout the city.
Amenities of the property include rooftop decks to an