235-unit apartment community doubles in value with $38.8 million sale
Arapahoe County Property Location: 7575 E. Arkansas Ave., Denver, “Torrey Pines Apt. Homes” Property Description: 235-unit apartment complex, 15 buildings plus 2,216-sf clubhouse, 203,275 sf net rentable area, YOC 1980, brick with wood siding Land Size: 11.4 acres Sales Price: $38.8M, or $165,106 per unit, or $190.87 psf Reception No.: D7044417 Grantor: CG Pines LLC by: FRG…
John Winslow
April 21, 2017
3 Margaritas acquires former Cielo Mexican restaurant in Arvada
Adams County Property Location: 5175 W. 68th Ave., Arvada, proposed “3 Margaritas” Property Description: 6,352-sf restaurant, YOC 2007 Land Size: 1.25 acres Sales Price: $1.41M, or $221.98 psf Reception No.: 28109 2017 Grantor: Prime Lake LLC, Todd Hoffman, mgr. Grantee: Franco Brother’s Inc., Rafael Garcia Franco, pres. Closing Date: 3/31 Financing: $705,000 payable to JPMorgan Chase Bank, NA,…
John Winslow
April 20, 2017
Littleton office building trades for $4.1 million with a 7.15% cap rate
Arapahoe County Property Location: 1420 W. Canal Court, Littleton Property Description: 26,927-sf, two-story with garden level office building, YOC 2001, masonry construction, 108 parking spaces Land Size: 1.99 acres Sales Price: $4.08M, or $151.34 psf Reception No.: D7037409 Grantor: Farrell-Roeh Southpark LLC, John D. Strohm, mgr., 303-794-6655 Grantee: Shane & Elizabeth Roth LLC, 303-471-5788 Closing Date: 3/31 Financing:…
John Winslow
April 19, 2017
Historic Rocky Mountain Bank Note Building sells for $10.5 million
Denver County Property Location: 1062 Delaware St., Denver, “Rocky Mountain Bank Note Building” Property Description: 30,000 sf, two-story office building, YOC 1929, renovated in 2012 Land Size: 22,754 sf Sales Price: $10.54M, or $351.20 psf Reception No.: 2017045826 Grantor: 1062 Delaware LLC by: The Nichols Partnership VI LLC, Randy Nichols, mgr., www.nicholspartnership.com, 1644 Platte St., Suite 130,…
John Winslow
April 18, 2017
Former Sports Authority buildings sell for nearly $75 per square foot
Arapahoe County Property Location: 1050-1090 W. Hampden Ave., Englewood Property Description: 210,787 sf (two flex buildings consisting of 92,000 sf & 118,787 sf, YOC 1987, block construction) Land Size: 14.796 acres Sales Price: $15.77M, or $74.79 psf Reception No.: D7039519 Grantor: 1050 Hampden LLLP (Etkin Johnson Real Estate Partners, Bruce H. Etkin, pres.) Grantee: West Hampden Investors…
John Winslow
April 17, 2017
Regis Jesuit High School acquires 18-acre site for $6 million
Arapahoe County Property Location: Northwest corner South Olathe Street & East Arapahoe Road, (16501 E. Arapahoe Road), Aurora Property Description: 4,964-sf storage building, YOC 1978; 1,972-sf office building, YOC 1964; & 2,336-sf residential building, YOC 1960 (land value) Land Size: 18.06 acres Sales Price: $6M, or $7.65 psf Reception No.: D7038792 Grantor: Kenneth Raymond Brady, Trustee for Charles…
John Winslow
April 15, 2017
LBA Realty buys industrial buildings
Denver County Property Location: 4210-4220-4240-4246-4250 Carson St, Denver Property Description: 203,393 sf of industrial space (5 buildings) YOC 2007, concrete panel construction Land Size: 14.341 acres Sales Price: $26.4M Reception No.: 2017036444 Grantor: MWBP LLC (J. Jeffrey Riggs, mgr.) Grantee: LBA NCC-Company X LLC, Steven R. Layton, mgr. Closing Date: 3/6 Comments: See APN: 01246-00-041, 01246-00-042, 01246-00-043, 01246-00-054,…
John Winslow
April 14, 2017
Melody Homes facilitates second takedown of lots at High Point at DIA
Adams County Property Location: Vicinity of northeast corner E. 64th Ave. & Dunkirk St.; southwest corner N. Espana Court & E. 65th Place, Aurora Property Description: 50 vacant platted residential lots Land Size: 354,130 sf Sales Price: $1.65M, or $33,000 per lot, or $4.66 per sf Reception No.: 21444 2017 Grantor: LNR CPI High Point LLC, J.…
John Winslow
April 13, 2017
SSP Innovation acquires office building in Centennial Airport Center
Arapahoe County Property Location: 6766 S. Revere Pkwy., Centennial Property Description: 17,080-sf, single-story office building, YOC 1982, brick Land Size: 1.28 acres Sales Price: $1.67M, or $98.01 psf Reception No.: D7031076 Grantor: Eaglecreek Associates IV, Donna Blair, CEO of James Blair Properties Inc., & CC&B Investment Group, Brian Conlisk, pres. (https://blogs.magicjudges.org) Grantee: SSP Realty LLC, Skye R.…
John Winslow
April 12, 2017
Brue Baukol Capital yields 48.33% in 2.5 years with warehouse sale
Denver County Property Location: 4330 E. 48th Ave., Denver Property Description: 45,554-sf warehouse, YOC 1973, twin tee construction, 20’ ceiling height, 3 dock-high doors, 1 drive-in door, two rail doors Land Size: 2.69 acres Sales Price: $4.45, or $97.69 per sf Reception No.: 2017036698 Grantor: CBP48th Ave I LLC, Brue Baukol Capital Partners, Chad Brue, mgr.…
John Winslow
April 11, 2017
