August Investors, LLC (“August”) completed, through its subsidiary, the purchase of ~1560 deeded acres of land in Stanley, New Mexico. The property was sold by a longtime owner and August was able to secure the purchase at an attractive basis by offering a quick close with minimal contingencies. The transaction was completed on June 9, 2022.
August subsequently entered into a pasture lease agreement with a neighboring landowner. The land is located approximately 45 minutes from Albuquerque and Santa Fe and in close proximity to interstate 40 as well as the Walmart Supercenter in Edgewood.
August is looking to add to its land holdings in New Mexico and is currently targeting large tracts of land that are located within 1 hour of Santa Fe and/or Albuquerque.
Half Acre Transit Oriented Development Parcel, Bought in 2016 by August Investors, Sold To Local Investor
August Investors, LLC completed, through its subsidiary, the purchase of .5 acre parcel of land located at 1401 Harlan St. Lakewood Colorado on February 18, 2016. “We were able to buy the land at an attractive basis by offering the longtime owner an extremely quick, all cash, close. We went from contract to closing in less than a week.” said Zachary Segal the CEO of August Investors. “The perception was that it was directly in the path of Metro Denver’s growth.”
After leasing the parcel to local businesses for 3 years, August Investors elected to market the property using Michael Honc as the listing broker. The location had since been designated an opportunity zone. The listing generated a lot of interest on account of: Michael’s marketing efforts, the proximity to the Lamar light rail stop, favorable M-N-U zoning, and the benefits of being in an opportunity zone.
On May 7, 2019 August Investors completed the sale of the Parcel to 1200 Raleigh, LLC an entity owned by a local developer. August Investors was able to assist the buyer in completing the transaction in less than 30 days by providing seller financing. It will be exciting to see what ultimately gets developed on the NW corner of Harlan St. and West 14th Avenue!
AcquisitionsNews / 1 May, 2016
67,000 Square Foot Multi-Tenant Shopping Center, Sold To Local Investment Group Before Being Paid Off In Full By Owner
Non-Performing Loan Secured By Applewood Grove, a ~67,000 Square Foot Multi-Tenant Shopping Center, Sold To Local Investment Group Before Being Paid Off In Full By Owner
Read moreAcquisitionsNews / 18 November, 2015
Real estate firm offers rent-free office space to Denver-area oil and gas companies
A local real estate company is offering a helping hand to Denver-area energy companies battered by months of low oil and natural gas prices.
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The five-story building with 60,736 net rentable square feet of space is located at 9035 Wadsworth Parkway.
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