Property Location: 3600 S. Lowell Blvd., Sheridan, “Fort Providence Apts.”
Property Description: 30-unit, two-story plus garden level apartment building, 24,360 sf, YOC 1974, brick/frame construction
Land Size: 26,964 sf
Sales Price: $3.6M, or $120,000 per door, or $147.78 psf
Reception No.: D7045941
Grantor: Capital 8 Fort Providence LLC, Jeffrey L. Kissee, mbr.
Pinnacle Real Estate Advisors has been the perfect fit for James Mansfield.
“Pinnacle has exceeded my expectations,” Mansfield told me last week.
Mansfield, a veteran of big firms such as Cushman & Wakefield, Opus Northwest LLC, Brookfield Office Properties and Grubb & Ellis, initially joined Pinnacle in November...
Property Location: 6857 S. Homestead Pkwy., Centennial, “Villas at Homestead”
Property Description: 312-unit, 13-bldg. apt. complex, w/305,940 sf, YOC 1993
Land Size: 12.78 acres plus 1.49 acres of floodplain land
Sales Price: $68.5M, or $219,551 per unit, or $210.44 psf
Reception No.: D7047094
Grantor: KW Fund V Villas at Homestead LLC, Kennedy...
Property Location: 3650 S. Broadway, Englewood, “Cherry Hills Apts.”
Property Description: 306-unit, four-story apartment with 372,084 sf, YOC 2014
Land Size: 4.56 acres
Sales Price: $78.3M, or $255,882 per unit, or $210.44 psf
Reception No.: D7045941
Grantor: Cherry Hills Apartments LLC, James L. Street, VP
Grantee: Bell Fund IV Cherry Hills LLC,...
The privately owned firm paid $78.3 million, or $255,882 per unit, according to public records, for Alta Cherry Hills, a Class AAA, 306-unit community at 3650 S. Broadway, at the southeast corner of Broadway and West Hampden Avenue.
Land demand in the Denver area is off the charts.
“On activity, it probably is record as far as buyers of land,” said Mike Kboudi, a land broker with Cushman & Wakefield.
Competition is fierce.
“It is really hard to get a good piece of ground,” said Kboudi, who...
Property Location: 5202 E. Mainstreet, Parker
Property Description: land value
Land Size: 10.4 acres
Sales Price: $1.45M, or $3.20 psf
Reception No.: 2017026096
Grantor: Cleta Mae Moomaw Trust, Ralene G. Felkins, trustee
Grantee: Senderos Creek Condos LLC, Rudy Byler, mgr., 303-799-8300
Closing Date: 4/14
Comments: See APN: 2233-213-00-019. Property is not entitled, but intended use is...
University of Colorado graduate students won the 15th annual Rocky Mountain Real Estate Challenge Thursday night with their development proposal for a 20-acre site in Denver’s Globeville neighborhood.
CU’s Brand Partners team proposed “Coalese,” a three-part project including a health and wellness campus, light-industrial space, 142...