The Shops on Wadsworth
6600 N Wadsworth Blvd, Arvada, CO 80003
Description
Value added by making basic improvements to center and leasing up the vacant space. Good location in west Denver market. Sold two of the pad sites prior to closing in order to have necessary 25% equity to purchase the property.
Details
| Cost PSF $30.00 | Sale Price $1,620,000 | Total Cost $900,000 |
| Acquisition Date July, 1994 | Add. Capital Costs $125,000 | Sale Date April, 1996 |
| Total Project Size 30,000 SF | Sale Price / SF $54.00 | Avg Annual Return 200% |
| Acquisition Price $775,000 |