Denver apartments change hands at $7.21 million

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Denver County

Address or Location: 1380 Steele St., Denver

United Properties August 2018 300 x 250 Banner

Improvements: 34-unit, six-story midrise apartment, 22,848 sf, YOC 1963, masonry construction with underground parking garage.

Land Size: 17,237 sf

Date of Recording: 12/28

OPQ 3Q Banner 300 x 250

Reception No.: 2017169188

Price: $7.21M, or $211,971 per door, or $315.43 psf

Grantor: Wilson Partners III GP, Eric R. Wilson, GP

Grantee: 1380 Steele St LLC, *Esther Eisenstein, mgr., 323-658-5271, 8350 Melrose Ave, Suite 202, Los Angeles, CA 90069

Financing: $3.3M payable to Keystone Private Market Opportunities VIII (Q),

Comments: *Esther Eisenstein is the signatory on the deed of trust while the borrower’s mailing address shows c/o Michael Eisenstein @ 908 Main St., Louisville 80027, [email protected].

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 [email protected]

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