NAVA Real Estate acquires Uptown site for 249 condo units

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Denver County

Property Location: 575 E. 20thAve., Denver

Property Description: Vacant site zoned R-MU-30

Land Size: 46,309 sf

Sales Price: $7.01M, or $153.32 psf, or $28,514 per buildable unit

Reception No.: 2018064897

Closing Date: 6/01

Grantor: Housing Authority of the City and County of Denver, Ismael Guerrero

Grantee: NAVA Upton LLC (Brian Levitt & Trevor Hines, mgrs.), 303-900-0060

Financing: $5M due 12-27-2018, payable to seller

Comments: Proposed 12-story, 249-unit for-sale condominiums

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 [email protected]

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