Northmarq’s Multifamily Investment Sales team arranges sale of Alta Green Mountain apartments
LAKEWOOD, Colo. (Jan. 3, 2025) — Northmarq’s Denver Multifamily Investment Sales team led by Dave Martin and Brian Mooney successfully completed the sale of Alta Green Mountain, a 260-unit multifamily community located at 13055 W. Mississippi Ct in Lakewood, Colorado.
Northmarq represented the seller, and the buyer was Sagard Real Estate.
“The Alta Green Mountain transaction illustrates strong investor demand for Class A multifamily assets in coveted suburban locations in the Denver market, this community genuinely checked all the proverbial boxes from an investment perspective. Its location at the base of Green Mountain is arguably second to none in providing residents access to premier mountain biking and hiking at their doorstep, which has been a key driver of the asset’s exceptional performance,” said Mooney.
Built in 2020, Alta Green Mountain strikes the perfect balance between the convenience of city living and the freedom of the Colorado outdoors. The property features a mix of one-, two-, and three-bedroom floor plans with an average unit size of 964 square feet.
Apartment amenities include stainless steel kitchen appliances, gray mocha cabinets, washer/dryer, walk-in closet, keyless entry, river white granite countertops, glass tiled backsplash, garden tubs, balcony, and tuck under garages with driveway available for rent. Some units include mountain views and panoramic views of Denver.
Community amenities include a clubhouse, outdoor kitchen and grilling areas, scenic overlook firepit, dog spa, storage units, year-round pool and spa, athletic club with yoga and spin room, innovation lounge with computer access and individual work rooms, onsite dog park and run, bike and ski repair shop and community game room.
Conveniently located at the base of the Rocky Mountains, Alta Green Mountain is nearby local restaurant favorites, Bear Creek Golf Club and Fox Hollow Golf Club, the famous Red Rocks Amphitheatre, Green Mountain, Bear Creek Lake Park, and more. It is roughly 10 miles from Downtown Denver with close proximity to Interstate 70 and U.S. Highway 6.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.