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.
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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.