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KB Home Colorado takes down 42 lots in latest Stapleton filing

Denver County

Property Location: NWC & SWC Alton St. & E. 59th Place, Denver

Property Description: 42 vacant lots

Land Size: 3.12 acres

Sales Price: $2.77M, or *$20.42 psf, or $66,000 per lot

Reception No.: 2016134791

Closing Date: 9/29

Grantor: FC Stapleton II LLC, Brian Fennelly, VP

Grantee: KB Home Colorado Inc.

Financing: Cash

Comments: Lots 18-39, Block 19 & Lots 1-20, Block 20, plat of Stapleton Filing No. 49; see 2016106705. *$23.29 per sf (net) The average size lot is 2,834 sf.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.