Legend Oaks (Sold)

Moran & Company is pleased to announce the exclusive listing of Legend Oaks, a 488-unit apartment community located in Aurora, Colorado. The property was built in 1998. This property is being offered to the market on an “as is, where is” basis. Aurora is one of Metro Denver’s leading growth cities known for its increasing employment base, its central location within Metro Denver, its exceptional transportation linkages, and its numerous recreational and cultural amenities.

Legend Oaks is being offered to the market priced at $50,000,000, representing $102,500 per unit and $107 per square foot. This asset is being offered to the market free and clear of any debt, and can be leveraged with a new loan. Given today’s advantageous favorable financing terms, a potential buyer should be able to maximize overall potential investment returns.