Denver RE investment group acquires Bell Summit at Flatirons apartments for $154M
BROOMFIELD — Treeline Partners Ltd., a real estate investment firm in Denver, has purchased the Bell Summit at Flatirons apartments in Broomfield.
Treeline acquired the four-story, 500-unit property from North Carolina-based Bell Partners Inc. in a deal that closed Nov. 24, according to Broomfield property records. At that price, the deal amounts to $308,110 per unit.
Bell acquired the property in 2016 for $116.3 million, and Broomfield officials most recently valued the property at $119 million. The complex, located at 210 Summit Ave. and less than a…
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