LITTLETON, CO—Transwestern's Denver office hasnegotiated the sale of the Gallup House Apartmentsand Chateau Shepperd Apartments in Littleton. Bothproperties were sold by Autrey Properties Inc., represented byTranswestern senior vice president Tom Wanberg,along with team members John Blackshire andStacey Brady. The assets were purchased byOhio-based Gallup Four Holdings LLC led byBrian Botnick for an undisclosed price.

“Value-add multifamily assets in excellent locations are verydifficult to find in the Denver metro area,” said Wanberg. “Thetremendous neighborhood amenities of these communities willcontinue to attract quality residents, making them a stableinvestment opportunity.”

Built in 1970, Gallup House consists of140 units while its adjacent property, ChateauShepperd, was built in 1972 and has 24units. The well-maintained communities feature a heatedswimming pool and mature landscaping. Centrally located inLittleton, the properties are adjacent to many desirable amenitiessuch as Ketring Park, Littleton Museum and theEdwin Bemis Public Library. Gallup House andChateau Shepperd are also conveniently located less than one milefrom historic downtown Littleton and the downtown LittletonRegional Transportation District Light Railstop.