Goodman Commercial sells University of Denver apartments
Denver County Property Location: 2441 S. York St., Denver Property Description: 17-unit, three-story apartment, 8,400 sf, YOC 1967, brick Land Size: 6,250 sf Sales Price: $3.1M, or $182,353 per unit, or $369.05 psf Reception No.: 2018093792 Closing Date: 7/27 Grantor: 2441 LLC (Alan G. Hart, mgr.) Grantee: South York Street LLC (Kurt Lochmiller, mgr.) Financing: $1.73M payable…
John Winslow
August 17, 2018Value-add Aurora apartments snagged for $18.4 million
Arapahoe County Property Location: 11910 E. Kansas Drive, Aurora, “Verona Park Apartments” Property Description: 119-unit, 8-building, three-story apartment complex w/104,880 sf, YOC 1972, renovated in 2015, wood frame construction Land Size: 8.958 acres Sales Price: $18.4M, or $175.44 psf, or $154,622 per unit Reception No.: D8074728 Closing Date: 7/30 Grantor: Mountain View LLC(Jeffrey K. Sanders, mgr.) Grantee:…
John Winslow
August 16, 2018Thompson Thrift Retail Group lands first Colorado retail site
Adams County Property Location: Northeast corner Chambers & 104thAve, Thornton Property Description: Vacant land Land Size: 14.039 acres Sales Price: $4.27M, or $6.99 psf Reception No.: 57879 2018 Closing Date: 7/17 Grantor: 217 associates Partnership (Donald E. Lunnon, mgr.) Grantee: TTRG Commerce, c/o Thompson Thrift Retail Group, Indianapolis, IN (c/o Paul M. Thrift, mgr.) Financing: $5.64M payable to…
John Winslow
August 15, 2018Harkins Theatres snags Aurora site for $7 per square foot
Adams County Property Location: Northeast side Interstate 70, approx. 1,000’ southeast of Pena Blvd, Aurora Property Description: Vacant land Land Size: 12.2 acres Sales Price: $3.72M, or $7 per sf Reception No.: 60276 2018 Closing Date: 7/24 Grantor: Gateway Park IV LLC (Mike Serra III) Grantee: Harkins Aurora LLC, c/o Harkins Theatres, Mike Bowers, president, 480-627-7777, or…
John Winslow
August 14, 2018Florida investor snags Westminster retail strip center for $3.25 million
Adams County Property Location: 13591 Huron St., Westminster Property Description: 5,389-sf retail strip center (three tenants), YOC 2016 Sales Price: $3.25M Reception No.: 54742 2018 Closing Date: 6/27 Grantor: Westminster Huron Retail Group Grantee: 13591 Huron Street LLC, 3000 Gulf to Bay Blvd., Suite 303, Clearwater, FL Financing: Cash Comments: Tenants include a liquor store,…
John Winslow
August 13, 2018SCL Health Systems lands prime Wheat Ridge site
Jefferson County Property Location: Northwest corner Interstate 70 & W. 40th Ave., also fronts northeast side Clear Creek Drive Property Description: Vacant land Land Size: 26.6239 acres Sales Price: $11.59M, or $10 per sf Reception No.: 2018065902 Closing Date: 7/18 Grantor: Evergreen Clear Creek Crossing LLC (Tyler Carlson, EVP), 303-757-0401 Grantee: Sisters of Charity of Leavenworth Health System Inc., 500 Eldorado…
John Winslow
August 10, 2018Denver apartment investor lands 82-unit apartment community for $23.4 million
Denver County Property Location: 1515 Vrain St, Denver, “1515 Flats” Property Description: 82-unit, five-story apartment, 65,090 sf (including 5,995-sf retail space on first floor, YOC 2017 Land Size: 19,315 sf Sales Price: $23.4M, or $359.50 psf, or $285,366 per unit Reception No.: 2018065837 or correction deed 2018068024 Closing Date: 6/13 Grantor: Vrain Street Investments LLC (Leon…
John Winslow
August 9, 2018Wheat Ridge infill site targeted for townhomes sells for $1.35M
Jefferson County Property Location: 4000 Upham St., Wheat Ridge Property Description: Residential Improvements, planned for multifamily development (42 townhomes) Land Size: 2 acres Sales Price: $1.35M, or $15.50 psf, or $32,143 per buildable unit Reception No.: 2018053485 Closing Date: 6/13 Grantor: Nodef Colorado Inc. (Yitzchak Tessler, pres.) Grantee: Upham Partners LLC (Anthony Del Grippo, mgr.),…
John Winslow
August 8, 2018Southeast I-25 corridor industrial building commands $11.1 million
Arapahoe County Property Location: 6981 S. Quentin St., Centennial Park Business Center II Property Description: 76,756-sf warehouse, YOC 2001, concrete Land Size: 5.724 acres Sales Price: $11.1M, or $144.61 psf Reception No.: D8062035 Closing Date: 6/20 Grantor: Centennial Park LLC (Bruce E. Tabb, mbr.) Grantee: Realty Associates Fund XI Portfolio LP, c/o TA Realty, Boston,…
John Winslow
August 7, 2018Brighton residential lots sell for $3.38 million, or $21,000 per lot
Adams County Property Location: Vicinity of SWC Baseline Road & North 60thStreet, Brighton Property Description: Vacant land Land Size: 24.182 acres totaling 161 residential lots Sales Price: $3.38M, or $21,000 per lot, or $3.21 psf Reception No.: 55638 2018 Closing Date: 7/10 Grantor: Kings CO LLC (Joel H. Farkas, mgr.) Grantee: Richmond American Homes of Colorado Inc.…
John Winslow
August 6, 2018