Arapahoe County
Property Location: 5109 S. Delaware St., Englewood
Property Description: 312-unit apartment complex, 254,280 sf, YOC 1991
Land Size: 10.83 acres
Sales Price: $57.8M, or 5,256 per unit, or 7. (modafinil) 31 per sf
Reception No.: D7067313
Grantor: Silver Cliff Apartments, W. Dean Weidner, trustee
Grantee: Englewood 312 Owner LLC by: PRG Management, Alex Saunders, mgr., 310-598-2700
Closing Date: 6/13
Financing: $46M payable to HFF, due 7-1-24
Comments: See APN: 2077-15-2-01-068 through 079, 2077-15-2-01-084 through 088,2077-15-2-22-001. There are 18 parcels of land for this transaction. Last sold in June 2010 for $20.5M. There are 168 one-bedroom units and 144 two-bedroom, two-bath units. Of the 312 units, 117 have been renovated. Listed by Jordan Robbins & Jeff Haag of HFF.
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.
