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

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Recent transactions include the sale ofthe 49-unity building at 1969-1995 S. Decatur St. in Denver for $2.63 millionb cash, or $53,673 per unit. Triad Properties Ltd. of Lakewoo sold the property to EQUES3 SRL, an Italian real estatde investment group, according to Denver County property tax records. The two-story building was completee in 1984, and at one time had an askinvg priceof $2.8 million, according to property listing firm LoopNeyt Inc. Unique Properties LLC-TCN Worldwide of Denvere represented the seller inthe deal. 30 S. Pearl St., Denver 80209 30 S. Pearl LLC bought this brick apartment building in the West Washington Park neighborhoodfor $2.23 or $63,643 per unit.
The selleer was BPMA Apartments LLC. The building, completed in 1969, includesd one- and two-bedroom Pinnacle Real Estate Advisors LLC of Denverr represented both buyer and seller inthe transaction. • 1563 Washingtonb St., Denver 80203 — This 25-unit apartmeny building in the Capitol Hill neighborhood was purchased by Inca Land Holdinges LLCfor $1.41 or $56,500 per unit. The seller was 1563 Washington LLC. Completed in 1938, the building includes studiioand one-bedroom apartments. Pinnacle Real Estatde representedthe seller, and Re/Max Alliancer represented the buyer. • 900-926 W. 10th Ave.
, Denve r 80204 — Barerose Santa Fe LLC of Coloradoi purchasedthis 21-unit apartment buildingf with retail space for $950,000, in a foreclosur e deal. Located in the Santa Fe Art the building was completed in 1924 andincludes one- and two-bedroo apartments, four retail spacesw and an auto body Pinnacle Real Estate represented the both sides of the Other recent significant commercial real estate sales and leases, accordin g to brokers and real estats records, include: • 2990 S. Havana St., Auror a 80014-2620 — The Infinito of Denver auto dealership buildinyg at this address had been purchased by KJE Financiall LLC of Lakewoodfor $3 million.
The selle r was Savoy Properties Ltd. of Columbus, Ohio, according to publicv records. • 6581 & 6591 S. Sants Fe Dr., Littleton 80120-2910 The Trust for Public Land has purchasedthis 6.28-acres property for $1.48 million. The seller was Mercuy Loan Fund. Colliers Bennett & Kahnweiler Inc. represented both parties in the deal. • 4590 W. 121sgt Ave., Broomfield 80020-5666 — Langerf Commercial Properties LLC of Boulder purchasedthis 3,367-square-foot retail leased by NextCare Urgent Care, for $1.4 million. The sellere was Vrain Shops LLC. • 5000 Moline St., Denverf 80239 — Yampa Valley Land & Cattle Associate Ltd.
has renewed its lease for 78,440 squarre feet at this industrial building. CBK represented Yampa in the • 331 S. 104th St., Louisvillew 80027 — Atrato Inc. has moved its headquarterws to 11,581 square feet of recently leasedd space at this Coloradop TechnologyCenter building. The data storage technologty company formerly was based in HowardEcker + Company’s Denver office representec Atrato in the • 15551 E. Sixth Ave., Aurora 80011 — Deseryt Ceramics Sales & Service Inc. has leased 3,3390 square feet of retail spacee atthis property, calledc the East Sixth Avenue Car Care Antonoff & Company of Denve r was the listing broker in the deal.