Property Location: 17351 W. 64th Ave., Arvada
Property Description: Vacant land, proposed for 141-unit independent living apartment building with approximately 106 parking spaces
Land Size: 4.56 acres
Sales Price: $1,39M, or $7 per sf
Reception No.: 2016047522
Closing Date: 5/18
Grantor: Veldkamp’s Real Estate Inc., Bernard M. Veldkamp III, president, 303-420-3343
Grantee: MVG-MS (MorningStar Arvada) LLC, Marshall Burton, president, 303-750-5522 (44.12%); Rankin Holdings LLC, Jon Rankin, manager (24.83%); & Dennis Profits-Interest LLC, Jon Rankin, manager (31.94%)
Comments: Proposed 141-unit independent senior living facility planned. Property is located on the north side of West 64th Avenue, approximately 275 feet east of the Virgil Way intersection with West 64th Avenue.
Comp of the Day is provided by by John V. Winslow, president of WinComps LLC. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.