West Line Flats Sells for $40 Million in Up-and-Coming West Colfax (December 2018)

A recently completed apartment complex in Lakewood, Colorado's burgeoning West Colfax corridor has sold to New York's Huguel Corp. in a $40.25 million deal. Inland National Development Co., a national developer and member of Oak Brook, Illinois based Inland Real Estate Group of Cos., partnered with Colorado-based developer and consultant Momentum Development LLC on West Line Flats, a 155-unit mid-rise community completed last July in the heart of the revitalization of Colfax Avenue, a SO-mile stretch of pavement - argued to be the longest street in the United States - that has started to evolve as a cost effective alternative for Denver-area renters.