Golden Triangle apartments sell for $60M

DENVER — The Via Apartments on Eighth Avenue might still be leasing out, but Denver-based developer Pauls Corporation managed to sell the apartment building to a New York investment firm for $60.2 million.

The Golden Triangle apartment is the first investment in Colorado for Azure Partners, BusinessDen reports.

Via Apartments is seven stories and 200 units. The building came online in 2015 and is about 70 percent occupied. Apartments are, on average, 746 square feet with rent about $1,700. The building also has retail space below it.

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Business Cares: April 2024

In Colorado, 1 in 3 women, 1 in 3 men and 1 in 2 transgender individuals will experience an attempted or completed sexual assault in their lifetime. During April, we recognize Sexual Assault Awareness Month with the hopes of increasing conversations about this very important issue.