The deal works out to about $544,000 per unit if the retail space is valued at $3 million. The building is 98 percent leased.
Residential Real Estate
The six-story Atelier at University Park has 252 units, making the deal worth about $357,000 a unit.
The seller has lived in the home for 52 years. The antique fireplace was the original model for one given to President George Washington by England.
Lincoln Property Co. paid $1.04 million per unit for the 168-unit The Pullman, shattering Denver’s previous per-unit price record.
The office building at 5700 S. Quebec St. was already under construction in the 1970s when he suddenly decided to live atop it.
The 16-story One River North at 3930 Blake St. in RiNo will feature a carved core resembling a slot canyon filled with water features and landscaping.
Presley ultimately decided not to buy the home at 3962 S. Chase Way, but fans continued to believe otherwise, according to the Rocky Mountain News.
The City Council approved the measure, which lets developers build higher if they incorporate income-restricted housing or preserve a landmark.
The plaintiffs, who each invested $500,000 in order to get a green card, have appealed the ruling.
The sale comes two months after the Denver City Council rejected an effort to save the octagonal part of the TV station’s building from the wrecking ball.