5171-5191 Ward Road, Wheat Ridge, CO 80033

Description

Value enhanced by immediate renovations of buildings and leasing vacant space Increased occupancy from 85% to 100% within 12 months after acquisition Refinanced property with 1 year after acquisition

Details

Cost PSF
$57.83
Sale Price
$4,600,000
Total Cost
$4,085,000
Acquisition Date
March, 1999
Add. Capital Costs
$235,000
Sale Date
July, 2005
Total Project Size
70,644
Sale Price / SF
$65.12
Avg Annual Return
24%
Acquisition Price
$3,850,000