Westwood Green sells for $83.1M

Located at 7410 W. Warren Circle, the three-story community, constructed in 2018, was around 90% occupied at the time of sale.

The Westwood Green apartment community in Lakewood sold for a reported $83.1 million.

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Bel Westwood LLC purchased the 300-unit community from Covington Realty Partners, according to public records.

Located at 7410 W. Warren Circle, the three-story community, constructed in 2018, was around 90% occupied at the time of sale.

It features a mix of one-, two- and three-bedroom units ranging from 709 to 1,496 square feet.

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According to the property’s website, community features at Westwood Green include a game room, golf and ski simulator, resident kitchen for events and entertaining, state-of-the-art fitness center, detached garages, saltwater pool, bark park, fire pits, fitness-on-demand studio, rock climbing wall and climate controlled personal wine storage.

Apartments at Westwood Green feature 10- to 12-foot ceilings, granite countertops, glass tile backsplashes, in-unit washers and dryers, a master bathroom with a 19-inch TV in the mirror, heated bathroom floors, Energy Star appliances and wood-style flooring.

David Potarf, Dan Woodward, Matt Barnett and Jake Young of CBRE listed the property, however, they declined to comment on the transaction when contacted.

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Featured in CREJ’s November 20-December 3, 2019, issue

Jennifer Hayes has been an editor with the CREJ since 2000. Jennifer covers multifamily and retail news in the Denver metro area plus all property types in Colorado Springs and Southern Colorado. She also covers the finance market as well as solicits bylines articles and is editor of the Health Care Properties Quarterly. Before joining…