BrokerageDevelopmentMultifamily

16.26 Acres in Thornton Zoned for Multifamily Sells for $4.7M

THORNTON — NavPoint Real Estate Group has completed the sale of a multifamily land deal on the Northwest corner of E 128th Ave and Washington Street in Thornton, totaling 16.26 acres. The land is approved for 283 apartment units and is located in close proximity to the future East Lake commuter rail stop, the Denver Premium Outlets, and Top Golf. The seller was E Capital Management. The buyer was Village Capital Corporation, an affiliate of Pedcor Companies based out of Carmel, Indiana.

Matt Call and Jason Mayer of NavPoint Real Estate Group handled the transaction that successfully closed in December 2018.

Based in Castle Rock, NavPoint Real Estate Group is a comprehensive Commercial Real Estate Services Firm that provides services including Exclusive Brokerage Representation, Property/Asset Management, and Consulting, throughout Colorado and the Western US.  The firm handles commercial real estate sales, leasing and investment in all property types with market coverage through Colorado and is currently involved in the exclusive brokerage or management of over 2,000,000 square feet of commercial real estate.

Photo courtesy of NavPoint Real Estate Group

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