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Century Communities banks 76-acre site at E-470 & East Jewell Avenue for $1.2M

Arapahoe County

Property Location: 1505 S. Gun Club Road, Aurora

Property Description: Vacant land

Land Size: 76.04 acres

Sales Price: $1.2M, or $15,779 per acre

Reception No.: D6078189

Closing Date: 7/19

Grantor: Gun Club Road LLC

Grantee: Arcadia Holdings 470 LLC c/o Century Communities, 303-770-8300

Financing: Cash

Comments: Buyer owns the 70-acre site at the northeast corner of E-470 & E. Jewell Ave., which abuts this to the south, giving it 146.4 acres. It purchased the first property in 2013 for $1.5M, or $21,429 per acre. Terry Matthews and Art Seiden of Cushman & Wakefield were the only brokers of record in both deals.

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.

… County

 

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.

… County

 

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.