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Inland Real Estate purchases 360-unit multifamily property in Colorado
Real Estate - NOVEMBER 21, 2017

Inland Real Estate purchases 360-unit multifamily property in Colorado

by Released

Inland Real Estate Acquisitions has facilitated the purchase of 8000 Uptown Apartments, a 360-unit, class A, multifamily property located in Broomfield, Colo., on the north side of Denver.

Recently constructed in 2015, 8000 Uptown Apartments is located at 8000 Uptown Avenue directly off I-36 and a short walk from the US 36 transit station. The property consists of 19 buildings with 160 one-bedroom, 170 two-bedroom and 30 three-bedroom units. Each unit features at least nine-foot ceilings, stainless steel appliances, quartz countertops, oversized windows, a washer and dryer and a private balcony or patio. Community amenities include a clubhouse with coffee and beer on tap, fitness center, business center, playground, resident lounge and a resort-style heated swimming pool.

As of October 27, 2017, the property was 96 percent occupied.

With this transaction, Inland Real Estate Acquisitions, Inc. has now facilitated the acquisition of nearly 4,000 units in the Denver metro. To date, Inland Real Estate Acquisitions, Inc. has facilitated more than $44 billion of purchases including single-tenant properties, medical office buildings, retail properties and a total of more than $4.8 billion in apartments.

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