Kennedy Wilson has acquired The Fletcher Southlands, a 320-unit apartment complex at 22959 Smoky Hill Rd. in Aurora, Colo., for $94.75 million.
The Fletcher offers one- to four-bedroom units ranging from 855 to 1,481 square feet. Amenities include an outdoor pool and spa, a game area, a sun deck with chaise lounges, a grilling area, and an upgraded fitness center with Peloton bikes.
Built in 2001, the garden-style property sits along Smoky Hill Road near the Saddle Rock Golf Club and Aurora’s Southlands Mall south of Denver International Airport.
The apartment community includes 14 buildings on 23 acres.
The Denver Business Journal reported the seller was CBRE Global Investors, which purchased the property on behalf of a separate account client for $103.3 million in 2021.