That is 73.4% more than the $894,000 paid for the project, builtin 1961, according to public records examined by GlobeSt.com. It isalso 50.4% more than the appraised value for tax purposes of $1.03million, records show.

The property consists of three studio units, 12 one-bedroom,one-bath units, 11 two-bedroom, one-bath units and threethree-bedroom, one-bathroom units. The transaction was handled byJeffrey W. Johnson and Matthew J. Ritter of Denver-based UniqueProperties LLC., a company that specializes in smaller deals.

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