BLVD Builders acquires 27 townhome sites in Thornton

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Adams County

Property Location: Vicinity of NEC E. 98th Ave. & Washington St., Thornton

Property Description: 27 townhome lots

Land Size: 47,965-sf, ranging from 1,578 sf to 2,204 sf each, average 1,776 sf

Sales Price: $1.42M, or $52,767 per lot or $29.70 psf

Reception No.: 6885 2018

Closing Date: 1/19

Grantor: Black Feather Land LLC, Richard R. Patten

Grantee: Sundance Partnership, Aaron Foy & Jason Ferdig, 303-200-0742, 800 Grant St., Suite 210, Denver 80203

Financing: $12.3M payable to Life Insurance Company of the Southwest

Comments: Lots 1A-13A, 27A-40A, Tracts B-1, C-1, F-1, Lambertson Lakes -5th Amendment; see file plat 2017000084656. The grantee’s company is BLVD Builders LLC, www.blvdbuilders.com. BLVD Builders has a successful 252-unit townhome development at Riverdale Park Townhomes in Thornton, 28-unit townhome development at Larimer Row (34th and Larimer St.), and 136-unit Ironworks Village in Englewood.

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.

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