Ward-70 Business Center
5171-5191 Ward Road Wheat Ridge CO
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Property Pictures

Historical Performance Details
- Acquisition DateMarch, 1999
- Total Project Size70,644 SF
- Acquisition Price$3,850,000
- Add. Capital Costs$235,000
- Total Cost$4,085,000
- Cost PSF$55.21
- StatusSold - Jul, 2005
- Sale Price$4,600,000
- Sale Price / SF$65.11
- Ave. Annual Return24%
- Value enhanced by immediate renovations of buildings and leasing vacant space
- Increased occupancy from 85% to 100% within 12 months after acquisition
- Refinanced property with 1 year after acquisition


