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Forest City lands two homebuilders with $1.23M in sales

Denver County

Address: 1) Northwest corner Beeler Street & E. 58th Ave., Denver; 2) North of E. 57th Place, and Boston Street

Land Size: 8 lots totaling 19,530 sf; 2) 8 lots totaling 22,863 sf

Improvements: Vacant lots

Date of Recording: 12/13

Reception No.: 2017162496 & 2017162478

Price: $776,900/$39.78 psf/$97,113/lot; $456,000/ $19.95 psf/$57,000/lot

Grantor: FC Stapleton II LLC by: Forest City, Brian Fennelly, VP

Grantee: BC Stapleton II LLC, Steven A. Erickson, mgr., & 2) Prospect at Stapleton

Comments: 1) Lots 1-7, 9-16, Block 29, Stapleton Filing No. 49, 2) Lots 23-30, Block 34, Plat of Stapleton Filing No. 49, 2016106705.

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.