Southwest Denver user building sells for $898,000

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Denver County

Address or Location: 1375 W. Alameda Ave., Denver

Improvements: 4,910-sf industrial building, YOC 1949

Land Size: 38,094 sf

Date of Recording: 7/6

Reception No. 2017090257

Price: $898,000 or $23.57 psf land value

Grantor: Valverde LLC, Lee E. Renner, mgr., 303-825-3435

Grantee: H&L Holdings LLC, Wu Mei Li, mgr., 4929 S. Coors Ct., Morrison

Financing: $628,000 @ 5.8%, due 7-1-32, payable to FirstBank

Comments: See APN: 5095-15-017, which contains 6,219 sf of land area plus 4,910-sf building, & 5095-15-030, which is located at SEC of West Byers Place & South Pecos Street and contains 31,875 sf of parking area. Building was formerly used as a boat repair business.

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.

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