Seasoned Denver apartment investor snaps up 2.4-acre Lakewood site

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Jefferson County

Property Location: 2300-2324 Kipling St., Lakewood

Property Description: 2,767-sf office building, YOC 1959; 2,061-sf retail building, YOC 1971, & three miscellaneous buildings, YOC 1938-2003

Land Size: 2.4 acres, or 104,544 sf

Sales Price: $740,000, or $7.04 psf, land value

Reception No.: 2017014448

Grantor: The Robert G. Woodward Family Trust, Eleanor Ann Woodward, tr.

Grantee: Kipling Rustic LLC, Daria Castiglione, mgr.

Closing Date: 2/6

Comments: APN: 39-342-05-016; this property was listed and sold by Monica Wiley at CBRE Inc. 720-528-6513. No plans had been established by the grantee at the time of closing.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.

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