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Bell Partners has acquired Montane Apartments, a 400-unit apartment community located in Parker, Colo. The property was acquired on behalf of the company’s Bell Value Add Fund VIII and will be renamed Bell Parker Ranch.

“Bell Parker Ranch is located in one of Denver’s most desirable submarkets, characterized by strong demographic trends, attractive retail and recreational amenities, and great schools,” said Nickolay Bochilo, CIO at Bell Partners. “We’re excited about the upgrades being planned for individual apartment homes, which we expect, when combined with unique features already on the property, will deliver a superior living experience for our current and future residents.”