Denver County Property Location: SEC West 16th Ave. & Grove St., 1570 Grove, Denver Property Description: Land value, proposed seven-story, 292-unit apartment Land Size: 91,897 sf Sales Price: $13.2M, or $143.64 psf, or $45,205 per buildable unit Density: 138.39 d/u per acre Reception No.: 2019013464 Closing Date: 2/6 Grantor: JP Grove LLC, c/o Jordon Perlmutter Co., Jay Perlmutter, mgr.…

Denver County Property Location: 960 S. Logan St., 10 S. Pennsylvania St., 899 N. Washington St., 1360 Williams St., 1402 N. Race St., 1280 Lafayette St. (6 buildings) Property Description: 960 S. Logan St. – 23-unit, three-story walk-up style apartment, 12,675 sf, YOC 1967, brick construction; 10 S. Pennsylvania St. – 37-unit, five-story apartment, 19,139…

Douglas County Property Location: 18301 Cottonwood Drive, Parker, “Broadstone Montane Apts.,” NEC Parker Road Hwy. 83 & East Cottonwood Drive Property Description: 400-unit apartment complex with 23 buildings, 484,534 sf of gross building area, plus 9,955-sf clubhouse, YOC 2018, masonry/frameconstruction Land Size: 22.16 acres Sales Price: $120M, or $300,000 per door Density: 18.05 d/u per acre Reception…

Attainable housing choices are essential to metro Denver’s continued economic growth and development. In the Lone Tree/Douglas County region, the challenge is even greater given the current median home price of over $600,000 and the median apartment rental price of approximately $2,000 per month.

In the world of planning, design, finance and development, parking has become a necessary evil. You need parking to satisfy the demands of zoning and finance, and to attract customers to a multifamily

On a January afternoon, I had the opportunity to have coffee with Joseph Espinosa, executive director of Brighton Housing Authority, and talk to him about architecture, resident services and his goal of

The city of Denver predicts that nearly 2,000 apartment units within the city and county limits are at risk of converting from affordable-restricted units to market-rate units in the coming years; potentially

Arapahoe County Property Location: 7338 S. Havana St., Centennial, “Elevate Apartments” Property Description: 285-unit apartment complex with 10 buildings, 235,008 sf net rentable area, YOC 2018, masonry/frameconstruction Land Size: 8.04 acres Sales Price: $74.5M, or $261,404 per door Density: 35.45 d/u per acre Reception No.: D9002772 Closing Date: 1/9 Grantor: 7338 Havana Development Company (JH. Curtis Keller),…

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

A newly built suburban asset sold in a deal topping $261,400 per unit.