Denver County
Property Location: 3200 W. Colfax Ave., Denver
Property Description: Land value
Land Size: 177,497 sf, or 4.07 acres
Sales Price: $8.13M, or $45.78 psf, or $21,667 per buildable unit
Reception No.: 2016181059
Grantor: Shanghai Land Investments LLC, Woon Ki Lau, mbr.
Grantee: Vue at Mile High LLC, Embrey Partners Ltd., 210-824-6044,
Brent Goodwin, VP, 1020 NE Loop 410, Suite 700, San Antonio, TX 78209
Closing Date: 12/22
Financing: $39.22M payable to Frost Bank
Comments: Pt. Blocks A & B, New Avondale; See APN: 05052-00-022 & 05052-00-023. The buyer plans to construct 375 apartment units on the site.
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.