Property Location: SWC Martin Luther King Blvd. & Oswego St., Aurora
Property Description: Vacant land
Land Size: 9.06 acres
Sales Price: $6.75M, or $17.10 psf, or $24,107 per buildable unit
Reception No.: 83021 2018
Closing Date: 10-15
Grantor: FC Stapleton II LLC
Grantee: Solana Stapleton LLC, c/o ReyLenn Properties LLC (Jason Smith, VP)
Comments: Buyer plans to build 280-unit, 11-building apartment project including 176 one-bedroom units, 88 two-bedroom units and 16 three-bedroom apartments.
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.