Thompson Thrift Divests of Notch66 Multifamily Asset in Longmont, Colorado

by Amy Works

LONGMONT, COLO. — Thompson Thrift has completed the sale of Notch66, a 336-unit apartment property in Longmont. Scottsdale, Ariz.-based The Wolff Co., through its core-plus acquisition vehicle, purchased the asset for an undisclosed price.

Developed with equity from Watermark 2021 Development Fund III, Notch66 features one-, two- and three-bedroom apartments with quartz countertops, stainless steel appliances, hardwood-style flooring, full-size washers/dryers, walk-in closets and private yards and detached garages in select units. Community amenities include a clubhouse with resident gathering spaces, a heated resort-style swimming pool, a fully equipped fitness center, community-wide Wi-Fi and a dog park.

At the time of sale, the property was 93 percent leased. Situated on 18.4 acres at 2514 Main St., Notch66 was completed in June 2024.

Shane Ozment, Terrance Hunt, Chris Hart and Brad Schafer of CBRE represented the seller in the deal.

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