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Investor Snags Apartment in Denver Suburb Where Prices Continue to Rise

Area Has Been 'A Rent Growth Leader' in Recent Years
The Parkhouse Apartment Homes in Thornton, Colorado, benefits from its proximity to Denver and Boulder. (CoStar)
The Parkhouse Apartment Homes in Thornton, Colorado, benefits from its proximity to Denver and Boulder. (CoStar)
CoStar News
September 23, 2020 | 10:30 P.M.

Investor IRET shelled out almost $145 million for an apartment property in Thornton, Colorado, a suburb of Denver that has been fetching top-dollar price for its multifamily stock as local property values rise.

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