Pathfinder Partners Acquires Multifamily Property In Affluent Denver Neighborhood
56-Unit Denver-Area Apartment Community Purchased for $18.2 Million
By: Pathfinder Partners
According to Mitch Siegler, senior managing partner at Pathfinder Partners, "Red Hawk presents an outstanding cash-flowing investment with nearly new units in an upscale, growing market. Located just 15 minutes from the Denver Tech Center, Red Hawk residents enjoy a short commute to many of the area's largest employers and to over two dozen retailers and restaurants."
Constructed in 2017, Red Hawk includes 16 one-bedroom/
Located in Castle Rock, the southern portion of the Denver metro area near Highway 25, the community provides easy access to major employers like RingCentral, Apple, VMware and Zillow. Additionally, Red Hawk is located near Castle Rock's downtown area, with an eclectic assortment of restaurants and retail stores as well as close proximity to the 300-acre Philip S. Miller Park, which includes batting cages, golf simulators, indoor soccer and football fields, indoor pool and trampoline area and zip line tours. Red Hawk is within the Douglas County School District, one of the best in metro Denver.
According to Siegler, Red Hawk provides a unique opportunity to operate a well-located community in the rapidly growing Castle Rock area. "We plan to make minor repairs and upgrades to the property and operate it as a stabilized, cash-flowing investment,"