Apartments sell for $89.75M in national portfolio deal
Milestone Apartments Real Estate Investment Trust purchased the six-property 1,460-unit portfolio, which included the 276-unit Talon Hill apartments in Colorado Springs and the 168-unit Eagle Ridge apartments in Loveland.
Jolene Wollett
December 18, 2016
High-end Crescent Apartments site closes at $18,438 per buildable unit
Adams County Property Location: NEC W. 116th Ave & Pecos St, Westminster Property Description: Vacant land, proposed 320-unit Crescent Apts. Land Size: 17.586 acres Sales Price: $5.9M, or $7.70 psf, or $18,438 per buildable unit Reception No.: 20160000102279 Closing Date: 11/22 Grantor: IBC Denver VIII LW IV LLC, Brian C. Mott, mgr. Grantee: Park 12Hundred Venture LLC, Holland…
John Winslow
December 9, 2016
Southwest Denver apartment building commands $100K per door
Denver County Property Location: 2101 S. Depew St., or 5601 W. Green Meadows Pl., Denver Property Description: 23-unit, three-story apartment building, 13,773 sf, YOC 1961, brick construction; 23-unit, three-story apartment building, 13,773 sf, YOC 1962 (total of 27,546 sf & 46 units) Land Size: 36,784 sf Sales Price: $4.6M, or $100,000 per door, or $166.99 psf Reception…
John Winslow
December 7, 2016
CBRE handles $128 million sale
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Kris Oppermann Stern
December 5, 2016
Griffis/Blessing buys Glenbrook from Grand Peaks
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Kris Oppermann Stern
December 5, 2016
Apartment sale sets record not soon to be eclipsed
The buyer paid $67.3 million for the 315-unit community in a transaction that represented not only the highest price ever paid in Colorado Springs but also pricing around $50,000 per unit above the previous record sale.
Jolene Wollett
December 4, 2016
Brighton apartments trade for $57.5 million
Adams County Property Location: 1287 S. 8th Ave, Brighton, “Solaire Apartments” Property Description: 252-unit apartment complex, 11 buildings plus clubhouse, YOC 2014, 284 covered parking spaces, 95 detached parking garages, 369 open spaces, total net rentable area of 253,116 sf Land Size: 16.38 acres Sales Price: $57.5M, or $228,175 per unit, or $227.17 per sf Reception No.: 2016097834…
John Winslow
November 28, 2016
Captain Cook Apartments sell for $215,000 per door
Denver County Property Location: 1311 Cook St, Denver, “Captain Cook Apts.” Property Description: 40-unit, six-story apartment, 33,300 sf, YOC 1969, brick Land Size: 17,800 sf Sales Price: $8.6M, or $215,000 per unit, or $258.26 psf Reception No.: 2016090387 Closing Date: 11/9 Grantor: The Captain Cook LLC, Virginia R. Wilson, mgr. Grantee: RedPeak Properties LLC, Bobby Hutchinson, mgr. Comments:…
John Winslow
November 25, 2016
Pinnacle announces sale
Pinnacle Real Estate Advisors LLC announced the sale of a 12-unit apartment building in Arvada. The seller paid $1.55 million, or $129,167 per unit, for the building constructed in 1959 at 9990-10000 W. 59th Ave. Pinnacle did not release the name of the buyer or the seller. The building is just east of Kipling Street…
Kris Oppermann Stern
November 22, 2016
Winslow Report 11-22-16
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 owners or listing/selling brokers. Winslow is president of Winslow…
John Winslow
November 21, 2016
