A 420-unit apartment community in the Centerra master-planned community in east Loveland has been sold for $132.2 million.

Railway Flats, 2105 Hopper Lane, was sold by MMF Railway LLC, registered to McWhinney Real Estate Services Inc. The buyer was CSR Railway LLC, registered to Centerspace Homes, a Minneapolis-based real estate investment trust.

The purchase price amounted to $315,000 per unit.

McWhinney broke ground on the development’s first phase in September 2018 at the corner of Centerra and Kendall parkways, near Chapungu Sculpture Park and The Promenade Shops at Centerra, and not far from where big-box retailer Costco is rumored to be considering a new location.

The complex has studio, one-, two- and three-bedroom apartments as well as a clubhouse with gaming and meeting space,

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