DENVER, CO – Embrey, a Texas-based diversified real estate investment firm with a national portfolio, has sold its multi-family Gateway Arvada Ridge in the Arvada submarket of MSA Denver, said Garret Karam, Embrey's chief investment officer.
The property was acquired by The Praedium Group, a New York-based national real estate investment firm. Embrey Management Services was hired to manage the property.
"This is a signature Embrey property in a highly desirable area that offers luxurious finishes such as quartz countertops, stainless steel appliances, large kitchen islands, walk-in closets, floor-to-ceiling windows and extensive amenities for residents." said.
The convenient communal environment offers residents a resort-style pool and spa, a two-story clubhouse with a game room and billiards, a fitness center with spin studio, an animal park and spa, as well as communal BBQ areas and a bike wash / repair shop.
The Gateway Arvada Ridge is a taste and need for those looking for apartment buildings on the west side of Denver. The community is adjacent to Arvada Ridge Station, which provides residents with easy access to Union Station in downtown Denver and the unique historic district of Olde Town Arvada, with its many dining, shopping, and entertainment options.