Richmond Homes acquires 15.44-acre site zoned for 72 units
Arapahoe County Property Location: Northeast corner S. Uvalda St. & E. Peakview Ave.; southeast corner of E. Caley Ave & S. Uvalda St., “Peakview Village at Centennial” Property Description: Vacant land, zoned R-U for 72 detached homes Land Size: 15.44 acres Sales Price: $4.32M, or $6.42 psf, or $60,000 per unit Reception No.: D7046052 Grantor: Castle-Prim LLC,…
John Winslow
May 18, 2017
East Colfax Avenue site sells for $21.31 per square foot
Denver County Property Location: SEC Trenton St. & East Colfax Ave., Denver Property Description: Vacant land Land Size: 30,500 sf Sales Price: $650,000, or $21.31 psf Reception No.: 201705659 Grantor: Crosscheck LLC, Scott & Steven Richter Grantee: City and County of Denver Closing Date: 4/27 Financing: Cash Comments: Lot 1-10, Block 7, Kensington Comp of the Day is…
John Winslow
May 17, 2017
Rare Old Pearl Street retail property sells to tenant
Denver County Property Location: 1882 S. Pearl St., Denver Property Description: 7,161-sf retail center, YOC 1925 Land Size: 10,937 sf Sales Price: $1.95M, or $272.31 psf Reception No.: 2017055185 Grantor: RMTO LLC, William R. Tobey Jr., mgr. Grantee: Failyau Properties LLC, Phillippe Failyau, mgr. Closing Date: 4/26 Financing: $1.56M payable to MidFirst Bank, due 4-26-2027 Comments: Tenants include…
John Winslow
May 16, 2017
Villas at Homestead in Centennial soars to nearly $220,000 per unitVillas at Homestead in Centennial soars to nearly $220,000 per unit
Arapahoe County Property Location: 6857 S. Homestead Pkwy., Centennial, “Villas at Homestead” Property Description: 312-unit, 13-bldg. apt. complex, w/305,940 sf, YOC 1993 Land Size: 12.78 acres plus 1.49 acres of floodplain land Sales Price: $68.5M, or $219,551 per unit, or $210.44 psf Reception No.: D7047094 Grantor: KW Fund V Villas at Homestead LLC, Kennedy Wilson Real Estate…
John Winslow
May 15, 2017
Upscale Cherry Hill apartments fetch over $78 million
Arapahoe County Property Location: 3650 S. Broadway, Englewood, “Cherry Hills Apts.” Property Description: 306-unit, four-story apartment with 372,084 sf, YOC 2014 Land Size: 4.56 acres Sales Price: $78.3M, or $255,882 per unit, or $210.44 psf Reception No.: D7045941 Grantor: Cherry Hills Apartments LLC, James L. Street, VP Grantee: Bell Fund IV Cherry Hills LLC, John E.…
John Winslow
May 12, 2017
California investor acquires single-tenant building for $3.07M
Arapahoe County Property Location: 5612 S. Parker Road, Aurora Property Description: 4,940-sf retail building, YOC 2016, masonry construction & 25 parking spaces Land Size: 27,769 sf Sales Price: $3.07M, or $620.97 psf Reception No.: D7044799 Grantor: Madison Pioneer Hills LLC, Jim Gallaugher, mgr., 425-889-9500 Grantee: 5612 South Parker Road Associates LLC, Arthur & Pamela Lewis, mgrs., 925-228-7226,…
John Winslow
May 11, 2017
Local land speculator acquires 10 acres near Parker for $3.20 per square foot.
Douglas County Property Location: 5202 E. Mainstreet, Parker Property Description: land value Land Size: 10.4 acres Sales Price: $1.45M, or $3.20 psf Reception No.: 2017026096 Grantor: Cleta Mae Moomaw Trust, Ralene G. Felkins, trustee Grantee: Senderos Creek Condos LLC, Rudy Byler, mgr., 303-799-8300 Closing Date: 4/14 Comments: See APN: 2233-213-00-019. Property is not entitled, but intended use is…
John Winslow
May 10, 2017
Local investor acquires Castle Rock medical building for $3.03 million
Douglas County Property Location: 410 S. Wilcox St., Castle Rock Property Description: 11,911-sf medical office building, YOC 1994 Land Size: 1.428 acres Sales Price: $3.03M, or $253.97 psf Reception No.: 2017025922 Grantor: D & J Medical LLC, Dr. Jack England, mgr. Grantee: Wilcox Capital LLC, Calvin Van Essen, mgr., 303-916-1600 Closing Date: 4/14 Comments: See APN: 2505-113-09-023. Property…
John Winslow
May 9, 2017
Tenant acquires swinger’s club in Littleton from former Northwoods Inn owner
Douglas County Property Location: 8109 Blakeland Dr., Littleton, “Scarlet Ranch Lodge” Property Description: 7,914-sf restaurant, plus 7,668-sf basement area, YOC 1997, masonry/wood construction Land Size: 3.32 acres Sales Price: $1.68M, or $211.65 psf Reception No.: 2017021972 Grantor: F&P Land Company LLC, Christine Stahl, mgr. Grantee: Harcus Holdings LLC, Kendall Seifert, mgr. Closing Date: 3/31 Financing: $1.58M, @ 7%…
John Winslow
May 8, 2017
Raising Cane’s restaurant plans with four new restaurants
Arapahoe County Property Location: Vic. northwest corner S. Parker Road & E. Arapahoe Road, Centennial Property Description: Vacant land, proposed 3,706-sf “Raising Cane’s Restaurant” Land Size: 66,549 sf Sales Price: $2.06M, or $30.95 psf Reception No.: D7042297 Grantor: Arapark LLC c/o Kelmore Development, Bob Kountz, 303-779-1800 Grantee: National Retail Properties LP, Orlando, FL, Chris P. Tessitore, EVP…
John Winslow
May 5, 2017
