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Comp of the DaySW Denver 1970s vintage apartments command record price of $146,429 per door for area
Denver County Property Location: 1330 W. Mississippi Ave., Denver, “Mariposa Apartments” Property Description: 42-unit, 4-story “walk-up style” apartment complex, 25,592 sf, YOC 2071, brick construction Land Size: 43,750 sf Sales Price: $4.53M, or $146,429 per door, or $177.17 per sf Reception No.: 2016098458 Closing Date: 7/26...
By John Winslow2072 -
Comp of the Day, Headline News
140-unit affordable housing community sells for less than $150,000 per door
Denver County Property Location: 3001 Fox St., Denver, “Diamond at Prospect Apartments” Property Description: 140-unit, 4-story apartment complex, 123,064 sf, YOC 2005; 64 one-bedroom units; six two-bedroom/one-bath units; 63 two-bedroom/two-bath units & seven three-bedroom/two-bath units Land Size: 2.21 acres Sales Price: $20.5M, or $146,429 per door...
By John Winslow2417 -
Comp of the Day, Headline News
DIA TOD site sells to MGL for $2.2 million
Denver County Property Location: NEC Salida Way & East 61st Avenue, Denver, “TOD site” Property Description: Vacant land, 218-unit apartment complex with 3-story buildings and tuckunder parking to be developed toward the end of 2016 Land Size: 6.52 acres Sales Price: $2.2M, or $7.75 per sf,...
By John Winslow2285 -
Headline NewsWestminster development unveiled
Construction is underway at the City of Westminster’s first mixed-use, transit oriented community at Westminster Station, set to open on July 25, officials announced on Monday, Alto, a 70-unit affordable apartment development, is the first of several buildings planned by Adams County Housing Authority (ACHA)...
By John Rebchook4433 -
Joule sets record sales price
The Joule, a 224-unit, 16-story building at 1000 Speer Blvd., certainly showed a lot of energy, carving out a record sales price per unit, in a crowded field of luxury apartment communities.
By John Rebchook2971 -
Comp of the Day, Headline NewsThe Winslow Report 7-20-16
The Winslow Report, authored by John V. Winslow is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified...
By John Winslow4400 -
* Subscriber Content
Subscriber ContentNew owner to take Palo Verde apartments to new heights
A 1980s apartment community is ready to reach new heights. “It is just prime to be taken to the next level,” ARA Newmark’s Kevin McKenna said of the value-add opportunities presented by the Palo Verde apartments in southeast Colorado Springs. “You can count on one...
By Jennifer Hayes1068 -
Comp of the Day, Headline News
New Jersey developer acquires Highland site for $155.71 per sf
Denver County Property Location: 2800-2826 W. 29th Ave., Denver Property Description: Misc. improvements, plan to construct 117 units Land Size: 21,675 sf Sales Price: $3.38M, or $155.71 per sf, or $28,846 per buildable unit Reception No.: 2016089416 Closing Date: 7/6 Grantor: Carmen Real Estate LLC, by:...
By John Winslow2253 -
Comp of the Day, Headline News
RiNo site for proposed micro apartments brings $112 per sf
Denver County Property Location: North corner of Wynkoop & 36th streets, Denver Property Description: Vacant land, 84 micro apartments with a total of 37,800 sf net rentable area planned Land Size: 18,750 sf Sales Price: $2.1M, or $112 per sf, or $25,000 per buildable unit Reception...
By John Winslow2436 -
Headline NewsHancock’s State of City Address
Denver remains a vibrant, thriving city, but needs new initiatives aimed at closing equity gaps and increasing access to prosperity for everyone, Mayor Michael B. Hancock said on Monday, during his 2016 State of the City Address, “Denver is employing more people than at any...
By John Rebchook2186