Columbine Plaza Associates, the seller, owned it since 1977.
Records examined by GlobeSt.com show that Columbine Plaza paid $250,000 for the project in 1977. The property currenlty as assessed at $1.38 million, so the buyer paid almost three times its assessed value.
''It's a nice little infill, neighborhood project across the street from a Safeway Marketplace,'' Charles LeClaire, who handled the sale with fellow Marcus & Millichap broker Eric Kimose, tells GlobeSt.com. ''It's just down the street from Columbine High School. It was a local buyer and a local seller.''
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