Chuck Sweeney is listing the largest property. That is the 342-unit Highland Terrace a low-density community built in 1972. Its asking price is $18.1 million. It has assumable financing, an infill location, and excellent drive-by visibility, according to Sweeney.
Sweeney also is listing the second largest property, the 322-unit Summit at Thornton, which was built in the city north of Denver in 1973 and 1974. The asking price for the community is $14.75 million. It's also in an infill location with freeway visibility and access. It is close to downtown. Sweeney says the seller will look at a number of financing options, ranging from 20% down to assuming the financing.
Other communities on the market include one with 194-units in Denver at $8.1 million; a 37-unit project in Denver for $2.725 million; a 35-unit building in Lakewood for $2.325 million; a 30-unit project in Aurora for $1.775 million; and a 20-unit apartment in Englewood for $1.195 million.
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