The private college chain plans to cease operations on 25 acres in South Park Hill this summer.
The nonprofit, which paid $1.18 million a decade ago, expects the eventual buyer to redevelop the property.
News that a nonprofit planned to sell two-thirds of the LoHi garden prompted a backlash but it sold the property for $1.2 million anyway.
Public agencies have been leading redevelopment of the area. But a pair of Denver real estate firms have found their way in.
The Urban Land Conservancy, which develops affordable housing, acquired two parcels adding up to 7,010 square feet, or 0.16 acres.
The Denver Police Activities League, which built its headquarters in 2010, no longer runs youth sports leagues and has no police officers on staff.
Plus, the site that was an early front-runner to host the first sanctioned campsite is now on hold.
Cole Chandler, a nonprofit director working with the city, said he hopes to find three more locations, each for 50 tents and 60 people.
“We would like to have our administrative facility right next door to an operating club,” a nonprofit staffer told a council committee.
It will combine income-restricted apartments with two floors of “recuperative care” beds.