Capitol Hill apartment building sells for $16M

619 n logan st

The apartment building at 619 N. Logan St. sold for $16.3 million. (Thomas Gounley)

A California real estate investment firm has purchased a 57-unit apartment building in Capitol Hill.

Santa Barbara-based The Paskin Group purchased 619 N. Logan St. in Denver last week for $16.3 million, according to property records.

The five-story building, known as The Logan, was constructed in 2012, according to city records. It sits on a 0.4-acre lot at the northwest corner of Logan Street and Sixth Avenue, south of Trader Joe’s.

The Paskin Group did not respond to a request for comment.

The seller was JM Logan LLC, which paid $15.5 million for the property in September 2014, according to city records. The company was registered by Adria McCool, with an office address that corresponds to a home in Cherry Hills Village.

The property originally was developed by Glendale-based Forum Real Estate Group.

The Logan consists of studios and one- and two-bedroom units, according to the property’s website. The cheapest available one-bedroom is listed for $1,495 per month.

Justin Hunt and Andy Hellman represented the seller.

619 n logan st

The apartment building at 619 N. Logan St. sold for $16.3 million. (Thomas Gounley)

A California real estate investment firm has purchased a 57-unit apartment building in Capitol Hill.

Santa Barbara-based The Paskin Group purchased 619 N. Logan St. in Denver last week for $16.3 million, according to property records.

The five-story building, known as The Logan, was constructed in 2012, according to city records. It sits on a 0.4-acre lot at the northwest corner of Logan Street and Sixth Avenue, south of Trader Joe’s.

The Paskin Group did not respond to a request for comment.

The seller was JM Logan LLC, which paid $15.5 million for the property in September 2014, according to city records. The company was registered by Adria McCool, with an office address that corresponds to a home in Cherry Hills Village.

The property originally was developed by Glendale-based Forum Real Estate Group.

The Logan consists of studios and one- and two-bedroom units, according to the property’s website. The cheapest available one-bedroom is listed for $1,495 per month.

Justin Hunt and Andy Hellman represented the seller.

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