Douglas County
Property Location: NWC Castle Pines Pkwy. & Monarch Blvd., Castle Pines
Property Description: Vacant land, 72 independent-living units, 71 assisted-living units, 31 memory care units, total 174 total units, including 194,218 sf of building area, plus a 10,980-sf parking facility. The building will be stone veneer, stucco and frame construction
Land Size: 6.74 acres
Sales Price: $2.09M, or $7.15 psf, or $12,063 per buildable unit
Reception No.: 2016054762
Closing Date: 9/15
Grantor: Pinark LLC, Mary Osborn, mgr.
Grantee: Legacy Village of Castle Pines LLC, Cole Smith, mgr., 801-269-0700, Taylorsville, UT 84123
Comments: See legal description as defined: Lots 1-4 (total 276,105 sf net usable area) plus Tract B (totals 13,591 sf), Castle Pines North Filing No. 29, see 2007013198. Tract J, Castle Pines North Filing No. 29 First Amendment; see 2007081550.
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.
