Adams County
Property Location: SWC E. 130thAve. & Washington St., Thornton
Property Description: Vacant, proposed 283 units multifamily
Proposed Name of Apartment: Village at Thorncreek
Land Size: 15.76 acres, or 686,414 sf
Sales Price: $4.7M, or $6.85 psf, or $16,608 per buildable unit
Reception No.: 101619 2018
Closing Date: 12-20-18
Grantor: E Capital Colorado RE I LLC (Erich Holmsten, mgr.)
Grantee: Village Capital Corp., c/o Pedcor Co., Allison Birge, 317-587-0320
Financing: $2.67M payable to United Fidelity Bank, FSB, due in one year
Comments: See APN: 1573-27-4-05-001 & 1573-27-4-05-003. The property is also 200 feet north of East 128thAvenue. There are 534 proposed parking spaces, including 15 handicap spaces, 57 guest spaces, 452 regular spaces, 10 clubhouse parking spaces. The building will contain 224,378 sf plus a 4,714-sf clubhouse building. Troy Meyers is developer contact. The architect is RDL Architects of Shaker Heights, OH, Jonathan Cana, and civil engineer is Matrix Design Group.
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.
