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Greeley physician acquires Castle Rock day care for long-term investment

Douglas County

Property Location: 4250 Trail Boss Drive, Castle Rock, “Merryhill Preschool”

Property Description: 11,750-sf day care center, YOC 2005, masonry/stucco

Land Size: 1.21 acres

Sales Price: $3M, or $255.32 psf

Reception No.: 2016084255

Closing Date: 11/21

Grantor: Carlyle Holdings LLC, Paul M. Rivera, mgr., 720-938-5626

Grantee: Advantage III Inc., Dr. Scott Kailash Dhupar, 970-353-5959, (50%) & SHRI Devi LLC, Shantl Dhupar, mbrs., 3033 S. Parker Road, Suite 110, Aurora 80014

Financing: $1.95M payable to Bank of Colorado Lakewood

Comments: See APN: 2351-351-02-027. The property last sold in March 2014 for $2.2M.

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.