Address: 4699 N. Kittredge St., Denver, “Lakecrest @ Gateway Park Apts.”
Improvements: 440-unit apartment, 426,510 sf, YOC 2001
Land Size: 15.22 acres
Density: 28.91 units per acre
Date of Recording: 11/21
Reception No.: 2017152985
Price: $101M, or $229,545 per door, or $218.49 psf
Grantor: Kittredge Street Apartments LLC c/o The Bascom Group LLC, Jerome A. Fink, managing partner
Grantee: Kittredge CO Partners LLC c/o Cortland Properties, Michael E. Altman, VP, 404-965-3988, 3424 Peachtree Road, Suite 300, Atlanta, GA 30326
Financing: $78.595M payable to Walker Dunlap LLC, due 12-1-2027
Comments: The models floor plans range from 689 to 901 sf for the one- bedrooms, 920 to 1,118 sf for the two-bedroom units and 1,314 sf for the three-bedroom units.
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.