Affordable housing property in southeast Denver snagged for $21.5 million
Arapahoe County Address or Location: 8851 E. Florida Ave., Denver Improvements: 209 units (4 buildings) totaling 155,952 sf, YOC 1976, stucco Land Size: 5.939 acres Date of Recording: 8/24 Reception No. D7099649 Price: $21.5M, or $102,871 per unit, or $137.86 psf Grantor: Sierra Vista Apartments LLC, Andre A. Koren, mgr., 310-277-9600 Grantee: Sierra Vista Housing…
John Winslow
September 26, 2017
Minneapolis developer buys 122 acres for Brighton industrial park
Adams County Address or Location: South side of East 160th Ave., ¼ mile east of Interstate 76, Brighton,m “76 Commerce Center Improvements: Vacant land Land Size: 122 acres Date of Recording: 8/31 Reception No. 2017000075433 Price: $8.26M, or $4.54 psf Grantor: King Paul I LLC, Paul T. DeCrescentis, mgr., Jacobs Colorado LLC (64%) & Ives…
John Winslow
September 25, 2017
Commerce City day care facility acquired on 7% cap
Adams County Address or Location: 15000 E. 104th Ave., Commerce City, “Prestige Academy” Improvements: 10,600-sf day care center, YOC 2017, masonry Land Size: 1.46 acres Date of Recording: 8/29 Reception No. 2017000075616 Price: $5.14M, or $485.18 psf Grantor: Brewer Envoy Commerce City LLC, by Triple Net Service Company LLC, Ralph N. Cram & Brewer Development…
John Winslow
September 22, 2017
South Castle Rock to see major development
Douglas County Address or Location: Vicinity of NWC Plum Creek Pkwy. & Interstate 25 Improvements: Vacant land Land Size: 63.585 acres Date of Recording: 8/29 Reception No. 2017060222 & 201759524 Price: $8.8M, or $3.18 psf Grantor: Walker R. Stapleton, Trust for Stapleton 2011 Family Trust, et al., Fenway Partners LLC, John V. Saeman III, mgr. Grantee:…
John Winslow
September 21, 2017
Carmel Partners pays $6.75 million for proposed apartment site
Douglas County Address or Location: South side of Inverness Drive South, north of Gates Corp. and southwest of Information Handling Services Improvements: Vacant multifamily land Land Size: 9.385 acres Date of Recording: 8/29 Reception No. 2017059524 Price: $6.75M, or $16.51 psf, or $26,786 per buildable unit Grantor: ARI Inverness LLC, Michael S. Adler, pres. of…
John Winslow
September 20, 2017
Owner user’s SBA loan facilitates purchase of Englewood medical building
Arapahoe County Address or Location: 4275 S. Broadway, Englewood Improvements: 5,760 medical building YOC 2006 (renovated in 2017) Land Size: 6,250 sf Date of Recording: 8/10 Reception No.: D7091881 Price: $980,000 or $170.14 psf Grantor: 4275 South Broadway LLC (Bill Bush, mgr.) 720-339-4523 Grantee: 4275 SBO (Seth L. Jenz, mgr.) Financing: $997,900 payable to Bank…
John Winslow
September 18, 2017
Scottsdale developer flips former FirstBank in Aurora for $1.5 million profit
Arapahoe County Address or Location: 7460 S. Gartrell Rd, Aurora Improvements: 4,452 medical building YOC 2006 (renovated in 2017) Land Size: 1.1 acres Date of Recording: 8/10 Reception No.: B7091255 Price: $2.74M or $615.45 psf Grantor: Cathedral Canyon Investments LLC, Brenton Smith, mgr. Grantee: Greg Grinter (Edwardsville IL) 618-656-6875 Financing: Cash Comments: The APN is…
John Winslow
September 15, 2017
Canadian developer sparks historic ‘Ghost Building’ for $5.15 million
Denver County Address or Location: 800 18th St., Denver “The Ghost Building” Improvements: 15,516 sf three-story office building, YOC 1891, sandstone const. Land Size: 6,269 sf Date of Recording: 8/7 Reception No.: 2017103112 Price: $5.15M or $331.92 psf Grantor: 800 18th Street LLC Grantee: Amacon Ghost Building Corp. 604-602-7700 c/o Matthew Chung Financing: Cash Comments:…
John Winslow
September 14, 2017
Denver infill site one block west of Tower & E. 47th sells at $10.75 psf
Denver County Address or Location: Southwest corner E. 47th Ave & Yampa St, Denver Improvements: Vacant Land, zoned C-MU-20. Land Size: 69,725 sf Date of Recording: 8/3 Reception No.: 2017103185 Price: $750,000 or $10.75 psf Grantor: C. P. Bedrock LLC by: Tickly Bender Dev LLC Grantee: Strasburg Montbello LLC (Dr. Mauricio Waintrub, mbr.) 303-337-5575 Financing:…
John Winslow
September 13, 2017
NexGen Properties acquired Broomfield strip center for $3.85 million
Broomfield County Address or Location: 6765 & 6785 W. 120th Ave, Broomfield Improvements: 21,020 sf strip center, YOC 1993 Land Size: 2.13 acres Date of Recording: 7/28 Reception No.: 2017009406 Price: $3.85M or $183.16 psf Grantor: GST Trust, etal (Michele Bodner, Trustee) Grantee: Broomfield Marketplace Holdings LLC (Travis McNeil, mgr) Financing: $1,925,000 payable to Security…
John Winslow
September 12, 2017
