Source: Colorado Real Estate Journal, May 15, 2024, p. 10: A stand-alone office building near the Ruby Hill Neighborhood has traded hands for $1.08 million. Arlana-Kelvin LLC purchased the 3,317 SF building situated on 0.43 acres at 1697-1699 S. Federal Blvd., from Tuan Ngoc Nguyen and Phoung Thao Thi Cao in April. The all-cash transaction closed in 30 days. Built in 2000, the space includes two units and 21 parking spaces, according to the listing brochure. Alex Scott and Travis Wanger of Fuller Real Estate represented the seller. The buyer is an investment group that plans to update the value-add property and lease the vacant space to produce cash flow, according to Scott.
Ruby Hill Neighborhood Sale
