The purchasing LLC lists an office address in state records that matches that of San Francisco-based Piedmont Properties Group, and an executive with the company signed loan paperwork connected to the sale.
The complex is called Colewood. The seller and developer, Riverpoint Partners, paid $842,500 for the site in February 2015, records show.
Piedmont Properties Group owns multifamily properties throughout the west, according to its website. The company’s Colorado holdings include City Center Station Apartments, a 176-unit complex at 14107 E. Kansas Place in Aurora that the company bought last year.
The Colewood apartment complex, at 3860 N. Tennyson St., sold for $19.35 million. (Thomas Gounley)
The complex, called Colewood, is five stories and has 49 units.
You must be a member to access BusinessDen's exclusive reporting.
Your subscription has expired. Renew now by choosing a subscription below!
ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING AARON@BUSINESSDEN.COM.
ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.
EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.
Leave a Reply