Denver County
Property Location: Southeast corner of East Asbury Avenue & South Downing Street, 2005-13-21 S. Marion St. & 2000-2010-2014 S. Downing St, Denver
Property Description: Vacant land zoned PUD
Land Size: 31,872 sf
Sales Price: $2.69M, or $84.32 per sf, or $134,375 per buildable unit
Reception No.: 2016106916
Closing Date: 8/11
Grantor: Asbury Communities LLC, A. Barry Hirschfeld, mgr.
Grantee: Asbury Properties LLC, Austin Witt Peterson, mgr., 720-495-3516
Financing: $1.75M payable to Commerce Bank
Comments: The buyer plans to build 17 townhomes ranging from 1,550 to 2,000 sf, each with a rooftop deck and attached two-car garage. Also included are three single-family detached homes with elevators.
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.
