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Duck Creek Complex Fetches About $14 Mil

AURORA, CO-San Diego-based FF Realty has the keys to the 268-unit Duck Creek Apartments near Interstate 225. The property had been under option for six months. The near $14-million closing price would be a good deal on today's market.

By John Rebchook | Updated on April 03, 2001

AURORA, CO-The 268-unit Duck Creek Apartments has brought in $13.75 million for a Kansas City, MO investment group.

Duck Creek Apartments LLC has hawked the property to San Diego-based FF Realty LLC. The 28-year-old property at 2039 S. Vaughn Way, Aurora, is about a half-mile west of Interstate 225 on East Iliff Avenue. “The location is terrific,” Steve Rahe, who handled the transaction with fellow CB Richard Ellis broker Craig Stack, tells GlobeSt.com. “The demographics in the area are really high and it’s located adjacent to the Heather Ridge Golf Course. You can’t say that about too many properties.”

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