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Austin apartment developer lands high-density site for $163.45 per square foot

Denver County

Property Location: 2432 W. Byron Place & 2430 & 2450 Alcott St., Denver

Property Description: Misc. improvements (land value)

Land Size: 35,178 sf, zoned C-MX-12

Sales Price: $5.75M, or $163.45 per sf

Reception No.: 2017098802 & 2017098801

Closing Date: 7/28

Grantor: Wright Family 1995 LLLP, Ruth M Wright & Kenneth R. Wright, GP

Grantee: Jefferson View LLC, c/o Argyle Residential, 1601 S. Mopac Expressway, Suite 175, Austin, TX 78746, www.argylresidential.com

Comments:  See APN: 2321-13-026 = 19,188 sf of land; 2321-13-004 = 3,710 sf of land; 2321-13-007 = 6,780 sf of land; 2321-13-005 = 5,500 sf of land.

Chase Hill, 720-386-1883, is the local acquisitions director.

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.