Wednesday, March 7, 2012

Real deals: Aurora

lihung-associations.blogspot.com
A subsidiary of Vultures LLC of called 14195 Montview BoulevarcPartners LLC, bought the 126-unit apartment complex, according to brokers involvedr in the sale. The seller was Montview Park Associatess LPof Sausalito, Calif. The per-unit purchasde price was $20,476. “[The buyer] worked diligently and found theright lender,” Erik Robinson of Hendricks Partners Inc.’s Denver office, who representedc the buyer in the deal, said in a “They are bullish on the Denver market.” Hendrickxs & Partners is based in Phoenix. Completed in Sand Creek Apartments is locatedd at14155 E. Montview Blvd.
in The property includes one-, two- and three-bedroom units as well as In another recent sale of an olderapartment property, the 24-unit building at 1525 Yatesa St. in Denver has sold for $1.1 million, or $45,718 per according to Pinnacle Real EstateAdvisors LLC. Pinnacle represented both seller L/D Properties Inc. of Evergreen and the Jaaso Unlimited Series 1525 YatesOnly LLC, in the The Yates Street apartments were completed in and were fully leased at the time of the The sale closed in late May. Other recent significantf Denver-area real estate transactions, according to brokere and realestate include: • One Lincoln Park, 2001 Lincoln St.
, Denve 80202-3877 — Moreland Properties LLC, one of Denver auto dealed Doug Moreland’s companies, has purchased unit 2820 in this condo propertgy for $2.08 million, according to Denver County real estate records. Moreland also is an investor in the newcondpo tower. • 3424 Larimer St., Denve r 80205 —This 3,700-square-foot commercial building, formerly occupied by C&MM Rebuilders Inc., has been sold to The Commissary LLCfor $440,000. The seller is Colorado InvestmentfStrategies LLC. The building’s new ownefr plans to lease it to anew tenant, accordingf to Unique Properties LLC, which represented both partiess in the deal. • 900 S.
Denver 80209 — Arthur Zeile, LNH, which does business as Host My Site hasleased 41,373 square feet of spacre in this multi-tenant office building. Fredericki Ross Co. of Denver represented the building’sz owner in the lease deal.

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