Greeley apartments sell for $15.2M
GREELEY — A Denver-based investment company has closed on the Parkwood Place Apartments in Greeley for $15.2 million.
The Parkwood apartments are located at 1709 31st Street Road in Greeley.
Seller of the apartments was Parkwood Place LLC, an entity controlled by Vintage Corp., 4631 W. 20th Street Road, a company originally formed in 1986 by Bruce Deifik and Powell Prothe, both of Greeley. Vintage bought the complex, which consists of four, two- and three-story buildings on 2.9 acres, in 1995 from Clevetrust Realty Investors for $2.59 million.
SPONSORED CONTENT
How dispatchable resources enable the clean energy transition
Platte River must prepare for the retirement of 431 megawatts (MW) of dispatchable, coal-fired generation by the end of the decade and address more frequent extreme weather events that can bring dark calms (periods when there is no sun or wind).
The buyer of the property was listed as 31st Street Rd. Co. LLC, an entity that shares an address with Halaby Capital Inc. at 600 S. Cherry St., Suite 220, in Denver.
Halaby is a real estate investment company that invests in “value-added” properties in growth markets.
The complex totals about 59,168 square feet of living spaces plus a 1,085-square-foot clubhouse.
GREELEY — A Denver-based investment company has closed on the Parkwood Place Apartments in Greeley for $15.2 million.
The Parkwood apartments are located at 1709 31st Street Road in Greeley.
Seller of the apartments was Parkwood Place LLC, an entity controlled by Vintage Corp., 4631 W. 20th Street Road, a company originally formed in 1986 by Bruce Deifik and Powell Prothe, both of Greeley. Vintage bought the complex, which consists of four, two- and three-story buildings on 2.9 acres, in 1995 from Clevetrust Realty Investors for $2.59 million.
The buyer of the property was listed as 31st Street Rd. Co. LLC, an entity…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!