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Page 22AA — COLORADO REAL ESTATE JOURNAL — June 17-June 30, 2015
loft on the second floor of the building.
The purchaser, Ken Schneider, also oper-
ates self-storage business at 3216 Longhorn
Road and can be reached at 303-444-0545.
Includes five parking spaces.
Property Location: 4765 Walnut St, Boul-
der
Property Description: 24,852-sf flex indus-
trial building, YOC 1982
Land Size: 1.15 acres
Sales Price: $1.85M, or $74.44 per sf
Closing Date: 5/4
Reception No: 03444070
Grantor: Amgen, Inc & Snergen, Inc
(Michael A. Kelly, SVP)
Grantee: 1357 Walnut LLC (William W.
Reynolds, mgr) 303-442-8687
Comments: Property is vacant and will be
listed for lease in the next 90 days.
Property Location: SWC Kennedy Dr &
Disc Dr, Longmont
Property Description: Vacant land, zoned
BL-I
Land Size: 14.32 acres
Sales Price: $1.24M, or $1.94 per sf
Closing Date: 6/1
Reception No: 03449857
Grantor: Western VII Investment LLC,
(Stanley E. Whitaker Jr, pres)
Grantee: Longs Peak Land Development
LLC, c/o Wiland, Inc, 303-485-8686
Comments: Also fronts on the E/S of N.
75th St. Brent Eskew, EVP, sales and mar-
keting, 303-485-8686.
Property Location: NEC N. Taylor St &
Cherry St, Louisville
Property Description: Vacant land
Land Size: 53,167 sf
Sales Price: $150,000, or $2.82 per sf
Closing Date: 5/26
Reception No: 03448002
Grantor: Tutti Frutti LLC (Ted Harris, mbr)
Grantee: HBA Joint Venture LLC (Toby A.
Bramble and Daniel P. Gallagher, mgrs)
Comments: Property was listed by DTZ’s
Chris Ball, CCIM, SIOR, 303-312-4280, and
Brandon Ray, 303-312-4250. The assigned
address is 380 Taylor St in Louisville.
Denver County
Property Location: 4601 S Balsam St, Den-
ver, “Monterey Heights Apts”
Property Description: 332-unit, 3-story apt
complex, 314,680 sf, YOC 2003
Land Size: 15.55 acres
Sales Price: $60M, or $180,723 per unit
Closing Date: 5/20
Reception No: 2015064796
Grantor: MontereyOwner LP, c/oHolland
Partner Group Management, Inc (Clyde
P. Holland Jr and Erik Hagevik), Denver
office
Grantee: Monterey Fox LLC (Dr Wilmer L.
Asher, mgr) 303-971-0018
Financing: $7M payable to CBRE Capital
Markets c/oGEMSALoan Services LP, due
1/1/23; buyer assumed loan in the original
amount of $38M payable to CBRE Capital
Markets, dated 12/28/12.
Comments: Property was sold by CBRE,
Inc Multifamily marketing team’s David
Potarf, 303-628-7414, Daniel Woodward,
303-628-7417, Matt Barnett, 303-628-7422,
and Jake Young, 303-628-7426.
Property Location: 3430&3441 SAkron St,
Denver, “Forest Cove Apts”
Property Description: 150-unit, 2-story apt,
90,756 sf, frame const, YOC 1970
Land Size: 5.11 acres
Sales Price: $12.3M, or $82,000 per door, or
$135.53 per sf
Closing Date: 5/19
Reception No: 2015065606
Grantor: A G Properties LLC, (Michael
Opatowski, mgr, and Stephen F. Elken,
mgr)
Grantee: Forem Family Partnership LLLP
andTennDexter LLC, (Dr. Davood andMs.
Bertha Manshadi, mgr)
Financing: $5.75M payable to Wells Fargo,
NA, due 5/15/2025
Comments: Buyer is a dentist with Kids
Choice Dental @ 303-341-5437 and owns six
dental practices in the metro Denver area.
Property Location: South Corner 19th St &
Little Raven St (1800 Little Raven)
Property Description: Vacant apartment
land
Land Size: 40,232 sf
Sales Price: $7.5M, or $186.42 per sf
Closing Date: 5/26
Reception No: 2015066822
Grantor: Parkside Townhomes LLC c/o
East West, Jay Lambiotte, mbr
Grantee: Holland Parkside Investors LLC,
c/o Holland Partner Group LLC
Comments: Jordan Robbins, 303-515-8010,
Jeff Haag, 303-515-8004, and Jared Buffing-
ton, 303-515-8027, of HFF Denver handled
the transaction.
Property Location: 1600 Boulder St, Den-
ver, “Northgate Apartments”
Property Description: 31-unit, 3-story retail
bldgwith 29 apartment units and two retail
units,14,500 sf, zoned C-MX-5, brick const,
YOC 1922
Land Size: 7,870 sf
Sales Price: $4.7M, or $151,677 per unit, or
$324.28 per sf
Closing Date: 5/22
Reception No: 2015067338
Grantor: M. Karen Christiansen, 1333 St.
Paul, Denver 80206
Grantee: 1600 Boulder LLC (Paul Schmer-
gel, mgr) 720-489-1050
Financing: $3.9M @ 4.25%, due 6/1/25
payable to FirstBank
Comments: Building contains 31 updated
units and was listed by Fletcher Neeley of
Pinnacle Asset Real Estate, 720-351-9293.
Retail space is located on first floor. Prop-
erty was listed for $5.75M. There are 21 stu-
dios @ 350 sf, rent for $787/mo; eight 1-bed
units @ 550 sf, rent for $831/mo. There are
two retail spaces @ 400 sf each that rent for
$1,125/mo. NOI according to listing bro-
ker’s broker was $246,242, or 5.2% in-place
cap rate.
Property Location: 4625 W 50th Ave &
5030 Vrain St, Denver
Property Description: 56,745-sf church,
21,294 sf in meeting rooms, YOC 1930
Land Size: 5.24 acres
Sales Price: $4.5M, or $79.30 per sf
Closing Date: 4/29
Reception No: 2015055085
Grantor: El Jebel Shrine Associates, 303-
455-3470
Grantee: KUHUtica LLC (WalterA. “Buz”
Koelbel Jr, pres, Koebel & Co)
Financing: $3Mpayable to Citywide Banks
Comments: Property is located on the
NWC of S Sheridan Blvd & W Dartmouth
Ave. Jeff Sheets, 303-758-3500, is contact at
Koelbel & Co.
Property Location: 105 Cook St (W/S
Cook St 50’ N of E. EllsworthAve)
Property Description: Vacant multifamily
land
Land Size: 32,214 sf
Sales Price: $3.5M, or $108.65 per sf, or
$21,341 per buildable unit
Closing Date: 5/21
Reception No: 2015066741
Grantor: Key 3300 Investment LLC (Stuart
C. Ogilvie, mgr)
Grantee : Cook Street Apartments LLC
3819MapleAve, Dallas TX 75219 (Matthew
Schildt, VP, Maple Multifamily Develop-
ment and general partner of CoCH 105
Cook Street Apartments LP) c/o Trammell
Crow Residential
Comments: Buyer will construct an eight-
story, 164-unit apartment building with
a projected completion date of mid-2017.
Chris Cowan ofARANewmark negotiated
the deal along with Steve O’Dell. A park-
ing garage also will be constructed. The
address will be 3300 E First Ave.
Property Location: 9660 E Alameda Ave,
Denver, “Windsor Commons”
Property Description: 25,265-sf shopping
center, masonry const, YOC 1987
Land Size: 74,612 sf
Sales Price: $2.3M, or $99.04 per sf
Closing Date: 5/18
Reception No: 2015067561
Grantor: Acorn 4 Alameda Street Retail
Real Estate LLC, c/o Sabal Financial Group
LP (Pat Jackson, CEO) 877-900-6272, New-
port Beach CA92660
Grantee: REhold LLC (IlyaA. Klein, mgr)
Financing: $1.6M payable to Security First
Bank, Cheyenne WY (69.6% LTV)
Comments: Property listed for $3M and
sold by Larry Thiel of Transwestern Com-
mercial Services, 303-407-1471. Tenants
include Alameda Liquor Mart, Subway,
and Budget Wireless “Cricket”; 56.94%
occupied. This sale was an REO transac-
tion.
Property Location: 4810-4834 Chambers
Road, Denver, Chambers Place Shopping
Property Description: 31,260-sf shopping
center, masonry const, YOC 1984
Land Size: 35,530 sf
Sales Price: $2.25M, or $163.20 per sf
Closing Date: 5/18
Reception No: 2015059822
Grantor: NorthStar Bank of Colorado,
(Scott Nichols, SVP)
Grantee: Chambers Place LLC (Chris Leav-
ers, mgr) 303-814-8646
Financing: $1.8M payable to Northstar
Branch, Centennial Branch (80% LTV)
Comments: This property was sold by
Rebecca Martin, 303-455-0600, and Rich
Otterstetter, 303-398-2111. This was a bank-
owned transaction. Tenants include Carnic-
eria Flioralisa dated 1/23/15, The Power
in You assumed lease 1/23/2015, and One
Dollar Depot assumed lease on 2/6/15.
Property Location: 1003 Corona St, Den-
ver, “Waldron Bonfils Burns Mansion”
Property Description: 6-unit, 3-story apt
conversion, 11,904 sf, YOC 1895
Land Size: 5,010 sf
Sales Price: $1.85M, or $146,375 per unit, or
$279.61 per sf
Closing Date: 5/18
Reception No: 2015063794
Grantor: Zenith Financial Group LLC
(Dorothy Shanahan, mgr)
Grantee: Baron Real Estate LLC
Financing: $878,250 payable to JPMorgan
Chase Bank, due 6/1/45
Comments: Restored recently, four-car
garage with driveway, on-site laundry.
Listed by Josh and Linda Behr of Sotheby’s
International, 303-903-9535.
Denver
Property Description: 17,198-sf, 2-story
office bldg, brick const, YOC 1984
Land Size: 25,000 sf
Sales Price: $1.45M, or $84.31 per sf
Closing Date: 5/26
Reception No: 2015067215
Grantor: Archidocs LLC (Fred Cooper,
mgr)
Grantee: CHP Porter Medical LLC, c/o
Colorado Group (James C. Turpen, Neil A.
Littmann and W. Scott Reichenberg, mbrs)
303-449-2131
Financing: $2.7M payable to Home State
Bank due 5/26/17
Comments: Property listed by Newmark
Grubb Knight Frank and selling broker
was represented byNeil Littmann, 303-449-
2131, and Scott Reichenberg of Colorado
Group.
Property Location: 2946 Larimer St, Den-
ver
Property Description: 5,920-sf warehouse,
masonry const, YOC 1961
Land Size: 9,366 sf
Sales Price: $1.13M, or $190.03 per sf
Closing Date: 5/26
Reception No: 2015067431
Grantor:HI LandLLC (DavidHagan,mbr)
Grantee: Larimer Zall LLC& 2946 Larimer
Partners LLC, c/o the Zall Company, (Stu-
art Zall, mbr)
Financing: $843,750 payable to Bellco Cred-
it Union, due 5/26/25
Comments: Listing broker was Sullivan-
Hayes’ Michael DePalma, Sean Kulzer
and David Dobec, 303-534-0900. See prior
deed with Richard J. Snyder to HI Land
LLC (David Hagan, mbr) for $960,000; see
2015067404 dated May 26, 2015. Snyder’s
company was the tenant in the building.
Property Location: 1861 Clarkson St, Den-
ver
Property Description: 8-unit, 2-story apt,
4,188 sf, YOC 1906
Land Size: 5,010 sf
Sales Price: $1.17M, or $146,375 per unit, or
$279.61 per sf
Closing Date: 5/18
Reception No: 2015063794
Grantor: T&E Clarkson LLC (Terrance
Toomey, mbr)
Grantee: Baron Real Estate LLC
Financing: $878,250 payable to JPMorgan
Chase Bank, due 6/1/45
Comments: There is new boiler, roof, hot
water heater and owner-operated laundry
equipment. Listing brokers were ARA’s
Andy Hellman, Justin Hunt and Robert
Bratley, 303-260-4400.
Property Location: 990 W 43rd Ave, Den-
ver
PropertyDescription: 12,250-sfwarehouse,
masonry const, YOC 1964 (vacant at time of
sale, plans for owner user)
Land Size: 15,625 sf
Sales Price: $930,000, or $75.92 per sf
Closing Date: 5/15
Reception No: 2015067363
Grantor: Coffee Chef Inc, dba Cruisin Cui-
sine (Bruce A. Hocking, VP)
Grantee:AirtechAssetsLLC(PatrickClark,
mgr) 303-670-0530
Financing: $720,000 @ 4.65% due 7/5/40,
SBA payable to Bank of the West, second
deed of trust (construction loan) $360,000
payable to Bank of West, due 4/5/16
Comments: Listed by Tyler Ryon of Col-
liers International, 303-745-5800. Five drive-
in doors, 14- to 22-foot clear height.
Douglas County
Property Location: SWC Titan Road &
Moore Road, Littleton
Property Description: Vacant land
Land Size: 201.77 acres and 121.75 acres
Sales Price: $37.06M, or $2.63 per sf
Closing Date: 5/13
Reception No: 2015033347
Grantor: Sterling Ranch LLC, c/o Shea
Homes (Harold R. Smethills, mgr)
Grantee: Sterling Ranch Development Co
(James L. Yates, pres)
Financing: $35.2M@8%payable to Sterling
Ranch LLC (interest only 5 years)
Comments: Rezoned in May 2011; see
2011033415; see detention pond agree-
ment, 2015030335 & 336. See subdivision
improvement agreement for Sterling Ranch
Filing No. 1, 2015008671.
Property Location: E/S Front St, approxi-
mately 500’ north of Scott Blvd, also fronts
w/s of Woodlands Blvd, Castle Rock
Property Description: Vacant land
Land Size: 19.14 acres, or 85 lots
Sales Price: $3.44M, or $4.13 per sf, or
$40,476 per lot
Closing Date: 5/11
Reception No: 2015033300
Grantor: Sir Thomas LLC (Glen R. Smith,
mgr) c/o Park Land Co, 303-771-3344
Grantee: KB Home Colorado, Inc
Financing: From the 19.14 acres, the lots
total 12.36 acres; right of way contains
3.49 acres, and three tracts contain 3.29
acres. The water tap is 3/4” with 400 GPD,
domestic use. Lots are paper platted prior
to sale with utilities in Front Street. The
average site is 6,334 sf.
Property Location: 9350 Teddy Lane, Lone
Tree
Property Description : 26,558-sf, 2-story
office bldg, concrete panel/masonry const,
YOC 2008
Land Size: 1.7 acres
Sales Price: $3.08M, or $117.72 per sf (below
replacement cost)
Closing Date: 5/11
Reception No: 2015030770
Grantor: Haney Development Co II LLC
(Dr. Perry Haney of Spine One)
Grantee: Teddy Ln LLC, 511NTejon St, Ste
200, Colorado Springs CO 80903
Comments: Building is listed by CBRE’s
Monica D, Wiley, 720-528-6513, and Dave
Buck, 720-528-6514. There are six condos
for sale that range from 2,159 sf to 8,990
sf on second floor. The building sold as is
“warms/dark/shell” and was vacant at
time of sale, except for 2,159 sf, which are
executive suites. Lease rates are $19 to $23
per sf, with $10.50 per sf expenses. 107
parking spaces.
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