CentrePoint, CentreSquare Acquire Outlook Biscay Multifamily Property in Colorado for $37.5M
by Amy Works
REBusinessOnline
AURORA, COLO. — Centre Point and CentreSquare have purchased Outlook Biscay, an apartment community located at 3382 S. Biscay Way in Aurora. Denver-based Evergreen Development sold the asset for $37.5 million.
Built in 2019, Outlook Biscay offers 96 for-rent townhomes, averaging 1,210 square feet and spread across 20 two-story buildings. Each two- and three-bedroom unit feature a two-car, direct-access garage, private entrance, quartz countertops, stainless steel appliances and laundry rooms with full-size washers and dryers.
Community amenities include a central leasing center, year-round swimming pool, dog wash and green areas.
Jake Young, Dan Woodward, David Potarf and Matt Barnett of CBRE Capital Markets in Denver represented the seller in the deal.