Arapahoe County
Address or Location: 10450 Spring Green Dr., Englewood, “Amberley Heights”
Improvements: 96-unit, four-story apartment, 144,676 sf, YOC 2014,
Land Size: 5.33 acres
Date of Recording: 7/6
Reception No. D7077890
Price: $38.6M, or $402,083 per unit, or $266.80 psf
Grantor: V96 LLC, Peter A. Kudla, mgr.
Grantee: Seacliff Amberley LLC c/o Hoffman, Vance & Worthington Inc., Jeffrey P. Smith, mgr., 805-642-0211
Financing: $12.8M payable to CBRE Capital Markets Inc., due 8-1-27
Comments: Units comprise of 1 bed/1 bath + den @ 900sf; 2 bed/2 baths @ 1,247 sf & 1,347 sf; 2 bed/2 baths + den with sizes of 1,458, 1,550 sf, 1,612 sf, 1893 sf & 1,690 sf. The 1-bedroom rents for $1,700 per month, while the 2-bedroom/2-bath unit start at $2,050 per month and the 2-bed/2-baths + den start at $2,250 per month. The buyer’s website is www.hvwonline.com. Listed and sold by Jeff Hawks, Doug Andrews, Terrance Hunt, Shane Ozment, Chris Cowan and Amanda Meldrum of ARA Newmark. The units average 1,507 sf with an average price of $2,458 per month, or $1.63 per square foot.
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.
