46th Ave Industrial
1441 W 46th Ave, Denver, CO 80211
Description
This 44,000 SF office/warehouse building was one of our first acquisitions. Features included both drive-in and dock-high doors, smaller spaces, and central location just 1/4 mile from the I-70/I-25 interchange. The property was refinanced in 2003, eventually returning all of the original capital.
Details
| Cost PSF $28.84 | Sale Price $1,837,500 | Total Cost $1,265,000 |
| Acquisition Date April, 1995 | Add. Capital Costs $265,000 | Sale Date Oct, 2012 |
| Total Project Size 43,860 SF | Sale Price / SF $41.89 | Avg Annual Return 28% |
| Acquisition Price $1,000,000 |