Denver County
Property Location: 1985 Logan St., Denver, “The Radius Uptown Apartments”
Property Description: 372-unit, 12-story apartment, 287,625 sf, YOC 2016
Land Size: 54,419 sf
Sales Price: $134.97M, or $362,823 per unit, or $469.26 psf
Reception No.: 2018106349
Closing Date: 8/21
Grantor: Uptown Denver Apartments LLC, c/o Trammell Crow (Jarvie Worcester & Matthew Schildt, 303-284-7108)
Grantee: EQR-Radius Uptown LLC
Financing: Cash
Comments: There are 108 studio apartments, 182 one-bedroom units and 82 two-bedroom units. There are 350 standard parking stalls, 41 compact stalls, 25 tandem spaces, 11 accessible stalls & three miscellaneous parking spaces for a total of 430 spaces. Studios are 563 sf and rent for $1,553 per month; one-bedroom units ranging from 609-729 sf rent for $1,738-$1,908 per month and two-bedroom units are 1,019 sf and rent for $2,728 per month.
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.
