Capstone has closed the sale of 8707 Ralston Rd in Arvada, a 1.79-acre development property for the sale price of $1,500,000. Travis Hodge and Tony Bobay of Capstone represented the Buyer, Ralston Road Development, LLC.
The property currently has a 2,665 SF Office building that will be demolished to make room for a new 50-unit townhome project. The property is conveniently located next to Ralston Central Park and is along the newly improved 58th Ave transportation corridor that includes a new bike path along the south edge of the property line. The property is also only ¾ miles away from Olde Town Arvada and a mile from the commuter rail station.
Please call or email today to find out how we are different than the average Land Brokers.
About Capstone:
The goal of Capstone is to help generate, maintain, and increase the value and profitability of our clients’ multi-housing investment properties. To do so, we provide comprehensive multi-housing advisory services in asset acquisition and development, strategic ownership decisions, market insight and positioning, property value analysis, and disposition brokerage to support our clients in every stage of ownership. This comprehensive multi-housing-focused service offering paired with our relentless drive to win on behalf of our clients is what sets us apart from pedestrian brokerage firms. Capstone simply put: Expertise. Experience. Extra-Mile.
