MIG Acquires Golden Apartments for $480K Per Unit

MIG Acquires Golden Apartments for $480K Per Unit
MIG Acquires Golden Apartments for $480K Per Unit

**MIG Real Estate Acquires Golden Apartment Complex for $47.5M**

MIG Real Estate has purchased a 99-unit apartment complex near Golden’s historic downtown for $47.5 million.

The property, known as West 8th, was sold by Confluence Companies, a Golden-based real estate developer. The transaction was arranged by Walker & Dunlop’s Denver investment sales team, which includes David Potarf, Dan Woodward, Matt Barnett, and Jake Young.

Located at 1410 Eighth St. in Golden, West 8th features apartments averaging 1,100 square feet. The community offers a park, an outdoor courtyard with a fire pit, a cyber café, a chef-inspired exhibition kitchen, and a fitness studio. The complex was originally built in 2014.

The apartments are near the former Golden High School property, which was acquired by AC Development Co. last year. AC Development, launched by the Coors family in 2020, is focused on redeveloping the CoorsTek ceramics manufacturing facility in downtown Golden.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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