Real Estate & Construction  November 16, 2018

Boulder townhome community sells for $21M

BOULDER — Wonderland Creek Townhomes, a 41-unit multifamily housing community on Paseo del Prado in Boulder, sold late last month for $21 million.

The transaction was recorded Oct. 25, Boulder County public records show.

“Wonderland Creek Townhomes – which was 78 percent occupied at the time of the sale – was sold to an undisclosed, California-based buyer who saw the upside of owning condo-quality units in the Boulder market,” Justin Hunt with real estate service firm Newmark Knight Frank (NASDAQ: NMRK) said in a prepared statement. The property is located directly off of the Wonderland Creek Bikeway, which is undergoing $30 million worth of improvements along the creek.”

Public records list the seller as WCT LLC and the buyer as Eng-Skell Co.

BOULDER — Wonderland Creek Townhomes, a 41-unit multifamily housing community on Paseo del Prado in Boulder, sold late last month for $21 million.

The transaction was recorded Oct. 25, Boulder County public records show.

“Wonderland Creek Townhomes – which was 78 percent occupied at the time of the sale – was sold to an undisclosed, California-based buyer who saw the upside of owning condo-quality units in the Boulder market,” Justin Hunt with real estate service firm Newmark Knight Frank (NASDAQ: NMRK) said in a prepared statement. The property is located directly off of…

Lucas High
A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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