Property Location: 11800 E. Colfax Ave., Aurora
Property Description: 92-unit, four-story walk-up motel building, 29,750 sf,
YOC 1962, brick construction
Land Size: 1.688 acres
Sales Price: $3.62M, or $39,391 per room, or $121.82 psf
Reception No.: D7062749
Grantor: Kings Group Inc., Kyeong Hee Kim, pres.
Grantee: 11800 E. Colfax LLC, 1575 Galena St., Suite C105, Aurora 80010
Closing Date: 6/1
Comments: APN: 1973-02-1-02-001. Listed by Simon Kim, 720-266-8308. Property last sold in May 2014 for $2.45M.
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.