Inland Real Estate Group Sells Lakewood Colorado Multifamily Apartment Community for $71.5M

July 5, 2026 - 19:08

Inland Real Estate Group has completed the sale of Westlink at Oak Station, a multifamily apartment community located in Lakewood, Colorado, for $71.5 million. The property, situated just west of Denver, changed hands in a deal that underscores continued investor appetite for well-located rental housing in the Denver metro area.

Westlink at Oak Station offers a mix of one-, two-, and three-bedroom floor plans, along with a range of on-site amenities designed to attract tenants seeking convenience and lifestyle features. The community benefits from its proximity to light rail transit, major employment corridors, and outdoor recreation options, making it a competitive asset in the suburban Denver market.

The transaction highlights the ongoing strength of Colorado's multifamily sector, which has seen steady demand driven by population growth and limited for-sale housing inventory. While the buyer was not disclosed in the announcement, the sale price reflects the asset's premium positioning and the broader trend of institutional capital targeting infill locations in high-growth Western markets.

Inland Real Estate Group, based in Oak Brook, Illinois, has a long history of acquiring, managing, and disposing of commercial real estate assets across the United States. The Lakewood sale aligns with the firm's strategy of cycling capital out of stabilized properties and redeploying proceeds into new investment opportunities.