Pathfinder Partners, a San Diego-based private equity firm specializing in multifamily real estate investments, has sold The Harrison Apartments, a 119-unit multifamily community in Aurora, Colo., for $29.5 million.
The Harrison, located at 12000 East Kansas Dr., offers 1- and 2-bedroom units. Since the purchase in 2018, Pathfinder repositioned and rebranded the community, which underwent comprehensive interior renovations, including new flooring, fixtures, finishes and countertops, stainless-steel appliances, and fresh paint. Pathfinder also completed significant upgrades to the landscaping, constructed a new perimeter fence with controlled-access gates, and added a dog park and an outdoor-game area to the community’s amenities that include an indoor heated pool, clubhouse and a 24-hour fitness center.
“This investment is a great example of our strategy to identify opportunities to invest in and increase the value of multifamily properties by renovating, upgrading
