TA Realty recently sold Alta Green Mountain, a 260-unit multifamily community in Lakewood, Colorado, for $104.6 million. The property was originally purchased by TA Realty for $91 million in 2020 and was represented by Northmarq during the sale process. Sagard Real Estate was the buyer.
The Denver Multifamily Investment Sales team at Northmarq, led by Dave Martin and Brian Mooney, facilitated the transaction.
Developed in 2020 by Wood Partners, Alta Green Mountain offers a variety of one-, two-, and three-bedroom floor plans with an average unit size of 964 square feet. Located at 13055 W Mississippi Ct., residents can enjoy stunning mountain views as well as panoramic views of Denver.
This modern community boasts numerous amenities such as a clubhouse with outdoor kitchen and grilling areas; scenic overlook firepit; dog spa; storage units; year-round pool and spa; athletic club featuring yoga and spin rooms; innovation lounge equipped with computer access and individual work rooms; onsite dog park/run area ; bike/ski repair shop ;and community game room.
Overall,this highly sought-after rental asset has been successfully traded for an impressive price tag of $104.6 million.
