Parkside at Littleton Village is Brixton’s Second Acquisition in the Denver MSA in 2024
Brixton Capital (Brixton), a privately held real estate investment company, has acquired Parkside at Littleton Village (Parkside), a 114-unit boutique apartment community located at 300 E. Fremont Place in Littleton, Colorado. Built in 2022, Parkside at Littleton Village offers a mix of large floorplans, with an average unit size of ±1,215 square feet and ceiling heights ranging from nine to 13 feet.
Parkside at Littleton Village is situated at the intersection of Broadway and Dry Creek Road, offering a central location with convenient access to major highways including US-85, Highway 470 and Highway 177. This connectivity offers residents access to the greater Denver metro area and the broader Front Range. Within a five-minute drive, residents shop at grocery-anchored shopping centers including a Whole Foods, Safeway and King Soopers, as well as other major destinations including Historic Downtown Littleton, The Streets of SouthGlenn, Aspen Grove, Central Park and the Park Meadows Mall.
“The acquisition of Parkside at Littleton Village extends Brixton Capital’s footprint in the Denver market as we continue our expansion after an initial successful closing of The Windsor earlier this year (now Brixton Townhomes at Bear Creek),” said Brixton Capital Chief Investment Officer Rob Taylor. “Parkside is a high-quality asset sourced at an attractive entry point in one of Denver’s most highly desired submarkets. Littleton’s population has been increasing meaningfully in recent years given all the connectivity between north and south Denver.”
The property’s location within the esteemed Littleton Public School District, ranked sixth-best in the state of Colorado, further strengthens its appeal to the target rental market. This attraction is bolstered by the property’s unit mix, with 86% comprising two- and three-bedroom floorplans.
“We are excited to acquire Parkside at Littleton Village, as it represents our commitment to acquiring differentiated residential properties and offering unparalleled living experiences for our residents,” said Brixton Capital Acquisitions Director Mark Mandala. “Situated within Littleton Village, the property offers residents open green spaces and access to key amenities such as grocery-anchored shopping centers, a variety of dining options and access to major employment corridors. We are encouraged by the economic tailwinds as Littleton’s median single-family home price surpassed $700,000 in 2024, and the area boasts an unemployment rate of 3.8% as of June 2024, compared to 4.0% in the Denver MSA, and 4.1% in the U.S. per the U.S. Census Bureau.”
Amenities at the property include scenic mountain and city views, a clubhouse with a coffee café bar, outdoor fireplaces, secure controlled entry doors and elevators and an entertainment and game room. Residents also have access to a pet park, playground, modern co-working spaces with Wi-Fi throughout the property, garage parking with electric vehicle charging stations and a state-of-the-art fitness center. Other features include package lockers, outdoor barbeque areas and luxury finishes inside the homes.
Brixton will partner with Sares-Regis to manage day-to-day operations at the property.
Matt Barnett of Walker & Dunlop represented the seller, while Brixton Capital represented itself in the transaction. “Walker & Dunlop was pleased to work with Brixton and Grand Peaks on the sale of Parkside,” said Barnett. “The transaction was super smooth and Brixton’s commitment to the Denver market was evident as they further expand their portfolio with their second multifamily acquisition in the past 12 months.”
Brixton will rebrand the property.
About Brixton Capital
Brixton Capital is a preeminent private real estate investment firm that seeks to generate outstanding, risk-adjusted returns by unlocking embedded value in commercial real estate transactions spanning multifamily and retail properties. Headquartered in San Diego County’s Solana Beach, California, Brixton is led by a team of seasoned commercial real estate experts with an average of more than 25 years of experience. Brixton currently owns and operates a portfolio of in excess of $2.0 billion AUM, multifamily, retail and land investments across the United States. For more information, visit www.brixtoncapital.com.