The building at 990 Logan St. in Denver sold for $16.8 million. (Courtesy Unique Properties)
Denver apartment owner RedPeak has purchased a nine-story building in Capitol Hill.
The company paid $16.8 million last week for 990 Logan St., according to county records. The building has 66 units, making the deal worth about $254,000 a unit.
The building dates to 1970. It sits on a half-acre lot.
The seller, Safari Club Apartments LP — formerly Milton Lachman Denver Associates — had owned the building for decades, according to records. Marc Lippitt, Scott Shwayder and Justin Herman of Unique Properties represented the seller.
Read more: https://businessden.com/2019/04/29/nine-story-apartment-building-in-cap-hill-sells-for-17m/