Inland Real Estate Acquisitions has acquired the Après Apartments, a 408-unit multifamily property located in Aurora, Colo., an eastern suburb of Denver.
Après Apartments consists of 17 three-story buildings with 196 one-bedroom and 212 two-bedroom units.
“Well-situated in Aurora, Après Apartments is located within the desirable Cherry Creek school district and offers residents with quick access to the Denver Tech Center, Buckley Air Force Base, the Denver business district and the University of Denver,” said Mark Cosenza, senior vice president of Inland Real Estate Acquisitions. “Its strong demographics and ideal location, coupled with our knowledge of the market, made this property an excellent example of the type of multifamily acquisitions we continue to seek out.”
As of Dec. 15, 2017, the property was 95 percent occupied.
With this transaction, Inland Real Estate Acquisitions has now completed the acquisition of 5,067 units in the Denver metro area. To date, Inland Real Estate Acquisitions has facilitated more than $45 billion of purchases, including single-tenant properties, medical office buildings, retail properties and a total of more than $5 billion in apartments.