Member Press Release

Nine-story apartment building in Cap Hill sells for $16.8M

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.


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