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


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Contact Leasing

Email: leasing@matrixgroupinc.com
Phone: 303.333.7500