Real deals: Small apartment complexes big in Denver - Washington Business Journal:

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Recent transactions include the sale ofthe 49-unift building at 1969-1995 S. Decatu r St. in Denver for $2.63 million or $53,673 per unit. Triad Properties Ltd. of Lakewooed sold the property to EQUEw3 SRL, an Italian real estate investment according to Denver County property tax records. The two-storyt building was completed in 1984, and at one time had an askingf priceof $2.8 million, according to property listing firm LoopNet Inc. Uniqude Properties LLC-TCN Worldwide of Denvere represented the seller inthe deal. 30 S. Pearl St., Denver 80209 — 30 S. Pearpl LLC bought this 35-unit, brick apartment building in the West Washington Park neighborhoodfor $2.
24 million, or $63,643 per The seller was BPMA Apartmentsz LLC. The building, completerd in 1969, includes one- and two-bedroom units. Pinnaclew Real Estate Advisors LLC of Denver representedx both buyer and seller inthe transaction. 1563 Washington St., Denver 80203 — This 25-unit apartment building in the Capitol Hill neighborhoodr was purchased by Inca Land Holding LLCfor $1.41 million, or $56,500 per The seller was 1563 Washington LLC. Completed in the building includes studioand one-bedroom apartments. Pinnacle Real Estate representefthe seller, and Re/Max Alliancee represented the buyer. • 900-926 W. 10th Ave.
, Denver 80204 Barerose Santa Fe LLC of Colorado purchasefdthis 21-unit apartment building with retail space for $950,000, in a foreclosurde deal. Located in the Santa Fe Art the building was completed in 1924 andincludees one- and two-bedroom apartments, four retail spaces and an auto body Pinnacle Real Estate represented the both sidesw of the deal. Other recent significany commercial real estate salesand leases, accordin to brokers and real estate include: • 2990 S. Havana St., Auror a 80014-2620 — The Infiniti of Denver auto dealershio building at this address had been purchased by KJE Financiao LLC of Lakewoodfor $3 million. The seller was Savoy Propertiesx Ltd.
of Columbus, according to public records. • 6581 6591 S. Santa Fe Dr., Littleton 80120-2910 — The Trust for Public Land has purchased this 6.28-acre property for $1.48 million. The sellerf was Mercy Loan Fund. Collierws Bennett & Kahnweiler Inc. (CBK) represented both parties in the deal. • 4590 W. 121st Ave., Broomfiel 80020-5666 — Langer Commercial Properties LLC of Boulderr purchasedthis 3,367-square-foot retail building, leased by NextCare Urgentg Care, for $1.4 million. The seller was Vrain Shopx LLC. • 5000 Moline St., Denver 80239 Yampa Valley Land & Cattle Associatew Ltd. has renewed its lease for 78,440 squared feet at this industrial building.
CBK represented Yampa in the • 331 S. 104th St., Louisvills 80027 — Atrato Inc. has moved its headquarters to 11,5821 square feet of recently leased space at this Colorad o TechnologyCenter building. The data storagre technology company formerly was basefin Westminster. Howard Ecker + Company’s Denver office representef Atrato inthe deal. • 15551 E. Sixtjh Ave., Aurora 80011 — Desert Ceramicws Sales & Service Inc. has leased 3,330 square feet of retai space atthis property, called the East Sixtn Avenue Car Care Center. Antonoffd & Company of Denvefr was the listing broker inthe deal.