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.
If asked to identify any emerging theme resulting from the events of 2020, I’d have to say that we are challenging historical norms at a record-setting pace. There is a large degree of discord in our political system regarding the state of our economy and the suggestions on how to fix it are endless.
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.