Local broker acquires Englewood industrial property for $2.46 million
Arapahoe County Address or Location: 3755 S. Lipan St., Englewood Improvements: 34,652-sf warehouse, YOC 1954, brick/block construction Land Size: 1.756 acres Date of Recording: 11/02 Reception No: D7126940 Price: $2.46M, or $70.99 psf Grantor: Consolidated Steel Services Inc., Robert S. Schmidt, pres. Grantee: Ringsby Terminals Inc., Alex Ringsby, mgr. Financing: $1.9M payable to the seller,…
John Winslow
November 24, 2017
Inland snags second apartment community within 10 days
Arapahoe County Address or Location: 17036 E. Ohio Ave., Aurora, “Arterra Place Apartments” Improvements: 200-unit apartment community with 191,004 sf, YOC 2014 Land Size: 9.748 acres Date of Recording: 11/02 Reception No: D7126940 Price: $49.25M, or $246,250 per unit, or $257.85 psf Grantor: Santa Ana Court Partners LLC, Borregas Partners, Wolfe Road LLC Grantee: Aurora…
John Winslow
November 23, 2017
Broomfield apartments snagged by Inland RE Group for $95 million
Broomfield County Address or Location: 8000 Uptown Ave., Broomfield Improvements: 360-unit apartment community with 328,628 sf, YOC 2015 Land Size: 13.701 acres Date of Recording: 10/27 Reception No. 2017013468 Price: $95M, or $263,889 per unit, or $289.08 psf Grantor: Residences at Dry Creek Valley LLC, Scottsdale, AZ, c/o The Wolff Co Grantee: Broomfield Multifamily DST…
John Winslow
November 22, 2017
Knights Inn motel lands new owner for $7.15 million, or $50,000 per unit
Arapahoe County Property Location: 14200 E. Sixth Ave., Aurora, “Knights Inn” Property Description: 143-unit motel w/ 40,160 sf in five buildings, YOC 1982, stucco construction Land Size: 2.418 acres Sales Price: $7.15M, or $50,000 per unit, or $178.04 psf Reception No.: D7124490 Closing Date: 11/1 Grantor: Im & Lim Inc., Hyon IK Im Grantee: Kings…
John Winslow
November 21, 2017
Motorcycle parts distributor acquires former Littleton Walmart for $2.75 million
Arapahoe County Property Location: 3615 W. Bowles Ave., Littleton Property Description: 43,719-sf retail building, “former Walmart store,” YOC 1984, masonry construction Land Size: 3.747 acres Sales Price: $2.75M, or $62.90 psf Reception No.: D7125171 Closing Date: 11/2 Grantor: Walmart Real Estate Business Trust, Nick Goodner, senior director Grantee: Delkevic US LLC, Janielle Myers, mgr., 303-962-2739…
John Winslow
November 20, 2017
Diocese of Colorado Springs snags Parker site for $5.5 million
Douglas County Property Location: NWC Motsenbocker Rd & Hess Road, fronts southeast side of Triple Crown Drive Property Description: Vacant land Land Size: 13.554 acres (gross), 11.739 acres (net) Sales Price: $5.52 million, or $9.36 psf (gross) or $10.80 psf (net) Reception No.: 2017069587 Closing Date: 10/11 Grantor: Westchase Properties LLC, Marcus Palkowitsh, mgr. Grantee:…
John Winslow
November 17, 2017
FirstBank acquires motel for $1.75 million near Lakewood bank
Jefferson County Property Location: 12111 W. Colfax Ave., Lakewood Property Description: 7,994-sf motel (four buildings), YOC 1942-1971 Land Size: 44,431 sf Sales Price: $1.75M, or $39.39 psf (land value) Reception No.: 2017111546 Closing Date: 10/27 Grantor: Ki Hou Kim & Young Sook Kim Grantee: FirstBank Financing: Cash Comments: Grantee leased the property back to the…
John Winslow
November 16, 2017
Richmond American Homes takes down 162 lots for $5.69 million
Arapahoe County Property Location: Vicinity of SEC S. Malaya Court & E. Radcliff Parkway, Aurora Property Description: Vacant land Land Size: 20.232 acres (162 lots plus & 15 tracts totaling 7.901 = 28.133 acres) Sales Price: $5.69M, or $35,132 per lot, or $4.64 psf* Reception No.: D7122896 Closing Date: 10/30 Grantor: South Quincy Residential Developers…
John Winslow
November 15, 2017
Grand Peaks lands TOD site in Aurora for $3.9 million
Arapahoe County Property Location: SWC East Iliff Ave. & Blackhawk St., Aurora Property Description: Vacant land planned for 320 apartment units plus 12,415-sf retail building and two four-story buildings containing 329,800 sf Land Size: 5.24 acres Sales Price: $3.9M, or $17.09 psf, or $12,188 per buildable unit Reception No.: D7122896 Closing Date: 11/1 Grantor: Fashion…
John Winslow
November 14, 2017
Northglenn retail center changes hands at $4.23 million
Adams County Property Location: 450-560 Malley Drive, Northglenn, “Malley Heights Shopping Center” Property Description: 39,495-sf retail building, YOC 1978 Land Size: 4.43 acres Sales Price: $4.23M, or $106.98 psf Reception No.: 96613 (2017) Closing Date: 10/31 Grantor: Par Acquisitions LLC, Stephen R. Parry, mgr., 720-222-9616 Grantee: Evergreen Marketplace LLC, J&B Building Company, Steve Peckar, mgr.,…
John Winslow
November 10, 2017
