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MIG Pays $480K/Unit for Golden Apartments
MIG Real Estate paid $47.5 million for a 99-unit apartment complex near Golden’s historic downtown.
The apartments, known as West 8th, were sold by Confluence Companies, a Golden-based real estate developer.
Walker & Dunlop’s Denver investment sales team, which includes David Potarf, Dan Woodward, Matt Barnett and Jake Young, arranged the transaction on behalf of Confluence.
Situated at 1410 Eighth St. in Golden, West 8th’s units average 1,100 square feet and include a park and outdoor courtyard space with a fire pit. The residential common area also features a cyber café, a chef-inspired exhibition kitchen and a fitness studio.
The apartment community was constructed in 2014.
The apartments are located near the former Golden High School property, which AC Development Co. purchased late last year. The Coors family launched the real estate company in 2020 to redevelop its CoorsTek ceramics manufacturing facility in downtown Golden.
- ◦Sale/Acquisition
