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The seller had owned the Race Street property for 42 years.
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The seller had owned the Race Street property for 42 years.
Randy Nichols has done this before.
“The home was originally built back in 1993 … and these guys bought it and had it gutted and started over,” the listing agent said.
The proposed four-story complex is the first phase of development planned for a 6-acre industrial site nonprofit ULC bought in 2015.
The structures it would replace include a former muffler shop. Holland is currently building projects along South Broadway and Speer.
The company charges homesellers $3,500, rather than a percentage of the sale price.
The seller once hosted parties there for such notable names as comedian Phyllis Diller and baseball Hall of Fame member Johnny Bench.
“The property has incredible views,” said broker Patrick Henry. “It’s kind of one of the last parcels in that area that’s left.”
It’s Denver-based RedPeak’s first buy since April.
The company found its first home locally in late March. As of last week, it had bought 65 Denver metro area homes and resold 18 of them.
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