Bear Creek Commons
3110 S. Wadsworth Blvd. Denver CO
Property Pictures
Historical Performance Details
- Acquisition DateFebruary, 2000
- Total Project Size24,397 SF
- Acquisition Price$1,200,000
- Add. Capital Costs$240,000
- Total Cost$1,440,000
- Cost PSF$59.02
- StatusSold - Aug, 2001
- Sale Price$1,750,000
- Sale Price / SF$71.73
- Ave. Annual Return42%
- Purchased to complete 1031 tax deferred exchange
- Value added by major renovations to common areas with new lighting, wall coverings, carpet and ceiling tiles
- Increased NOI over $55,000 within 18 months after acquisition


