One Monaco Park
6795 E. Tennessee Avenue Denver CO
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Property Pictures


Historical Performance Details
- Acquisition DateApril, 1994
- Total Project Size65,000 SF
- Acquisition Price$975,000
- Add. Capital Costs$275,000
- Total Cost$1,250,000
- Cost PSF$22.69
- StatusSold - Jan, 2012
- Sale Price-
- Sale Price / SF-
- Ave. Annual Return-
- Value enhanced by strong marketing plan and immediate renovation of building. Renovations included installing new common area lighting, wall coverings, carpet, marble and granite tile and restroom improvements
- Increased occupancy from 20% to 80% within 8 months after acquisition
- Refinanced this asset with a $3,750,000, non-recourse, 30-year amortization loan at 7.19% interest rate


