The URL can be used to link to this page

Browse Search

Home My WebLink About991922.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 1999, WELD COUNTY, COLORADO - DENY PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE PETITION OF: STARTEK USA INC 111 HAVANA STREET DENVER, CO 80010 DESCRIPTION OF PROPERTY: ACCOUNT #: R7468598 PARCEL #: 080331100057 - PT TRACT C WELD COUNTY BUSINESS PARK PUD BEG NE COR 31 6 65 THENCE SODW 1545.0' THENCE N90DO'W 50.0' TO TPOB THENCE N90DO'W 428.37' THENCE ALG A CURVE TO THE RIGHT RADIUS=804.75' CHORD=S03D06'W 494.55' THENCE S21D0'W 250.0' THENCE ALG A CURVE TO THE LEFT RADIUS=365.51' CHORD=S17D04'W 49.99' THENCE S90D0'E 559.43' THENCE NODE 775.0' TO TPOB SITUS: 1250 H ST GREELEY 80631 WHEREAS, the Board of County Commissioners of Weld County, Colorado, convened as the Board of Equalization for the purpose of adjusting, equalizing, raising or lowering the assessment and valuation of real and personal property within Weld County, fixed and made by the County Assessor for the year 1999, and WHEREAS, said petition has been heard before the County Assessor and due Notice of Determination thereon has been given to the taxpayer(s), and WHEREAS, the taxpayer(s) presented a petition of appeal of the County Assessor's valuation for the year 1999, claiming that the property described in such petition was assessed too high, as more specifically stated in said petition, and WHEREAS, said petitioner not being present or represented, and WHEREAS, the Board has made its findings on the evidence, testimony and remonstrances and is now fully informed. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, acting as the Weld County Board of Equalization, that the evidence presented at the hearing clearly supported the value placed upon the Petitioner's property, after review by the Weld County Assessor. Such evidence indicated the value was reasonable, equitable, and derived according to the methodologies, percentages, figures and formulas dictated to the Weld County Assessor by law. The assessment and valuation of the Weld County Assessor shall be, and hereby is, affirmed as follows: ACTUAL VALUE AS DETERMINED BY ASSESSOR Land $ 261,033 Improvements OR Personal Property 1,921,967 TOTAL ACTUAL VALUE $ 2,183,000 ^ ^ 991922 CY C , �tsj P hi �f a v,_-}- g AS0043 RE: BOE - STARTEK USA INC Page 2 BE IT FURTHER RESOLVED that a denial of a petition, in whole or in part, by the Board of Equalization may be appealed by selecting one of the following three options; however, said appeal must be filed within 30 days of the denial: 1. Board of Assessment Appeals: You have the right to appeal the County Board of Equalization's (CBOE's) decision to the Board of Assessment Appeals (BAA). Such hearing is the final hearing at which testimony, exhibits, or any other evidence may be introduced. If the decision of the BAA is further appealed to the Court of Appeals, only the record created at the BAA hearing shall be the basis for the Court's decision. No new evidence can be introduced at the Court of Appeals. (Section 39-8-108(10), CRS) Appeals to the BAA must be made on forms furnished by the BAA, and should be mailed or delivered within thirty (30) days of denial by the CBOE to: Board of Assessment Appeals 1313 Sherman Street, Room 523 Denver, CO 80203 Phone: 866-5880 OR 2. District Court: You have the right to appeal the CBOE's decision to the District Court of the county wherein your property is located. New testimony, exhibits or any other evidence may be introduced at the District Court hearing. For filing requirements, please contact your attorney or the Clerk of the District Court. Further appeal of the District Court's decision is made to the Court of Appeals for a review of the record. (Section 39-8-108(1), CRS) OR 3. Binding Arbitration: You have the right to submit your case to arbitration. If you choose this option the arbitrator's decision is final and your right to appeal your current valuation ends. (Section 39-8-108.5, CRS) Selecting the Arbitrator: In order to pursue arbitration, you must notify the CBOE of your intent. You and the CBOE select an arbitrator from the official list of qualified people. If you cannot agree on an arbitrator, the District Court of the county in which the property is located will make the selection. Arbitration Hearing Procedure: Arbitration hearings are held within sixl:y days from the date the arbitrator is selected. Both you and the CBOE are entitled to participate. The hearings are informal. The arbitrator has the authority to issue subpoenas for witnesses, books, records, documents and other evidence. He also has the power to administer oaths, and all questions of law and fact shall be determined by him. 991922 AS0043 RE: BOE - STARTEK USA INC Page 3 The arbitration hearing may be confidential and closed to the public, upon mutual agreement. The arbitrator's written decision must be delivered to both parties personally or by registered mail within ten (10) days of the hearing. Such decision is final and not subject to review. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the CBOE. In the case of residential real property, such fees and expenses cannot exceed $150.00 per case. The arbitrator's fees and expenses, not including counsel fees, are to be paid as provided in the decision. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 3rd day of August, A.D., 1999. BOARD OF COUNTY COMMISSIONERS COUNT O OR O ATTEST: '�4 a.f _ ��(,��tttaaa.�� ! . HaII, Chair Weld C ty h .- t 'yard qih ,.d P� EXCUSED�gAPP1�1� Grr: ./7 M. J. eile tajj A ant C my Attorney ,Z 4%4d Glenn Vaad 991922 AS0043 JUL. 13 '99 11: 16 FROM WELD CO TREgSURER TO 1022213035737057 FREE.2O3/005 NOTICE OF DENIAL - OFFICE OF COUNTY ASSESSOR f 8 I�WO NORTH 17th AVE. PT T.>ACT C W-nLD COUNTY BUSINESS _._ - GREELEY,CO 80631 PARR PIID BEG NE COR 31 6 65 THENCE PHONE(970)353-.1845,EC.3610 SODW 1545.0' THENCE N90120'W 50.0' TO T?OB THENCE N90D0'W 428.37' (_.' ;� t- TIE^2RIE ALG A CURVE TO THE RIGHT I'. ' p RADItTS=804.75 a4ORD=S03D06'W COLORADO OWNER: STARTEx USA INC STARTER USA INC LOG 2616 111 HAVANA sn.seT PARCEL 080331100057 ACCOUNT R7462598 DENVER, CO 80010 YE:.2 1999 06/30/1999 The appraised value of property is based on the appropriate consideration of the approaches to value required by law. The Assessor has dcterr ined that your proper should be included in the fallowing catcgory(ies): COMMERCIAL PROPERTY IS TALLs-D. BY CONSIDERING THE COST, MARKET, AND INCOME APPROACIMS. If your concern is the amount of your property tax,local taxing authorities(county,city,fire protection,and other special districts)bold budget hearings in the fail. Please refer to your tax bill or ask your Assessor for a listing of these districts,and plan to attend these budget hearings. The Assessor has carefully studied all available information,giving particular anention to he spt,.ifics included on your protest.and has determined the valuation(s)assigned to your property. The reasons for this determination of value are! THE ASSESSOR'S STAFF HAS REQUESTED INFORMATION WHICH IS PERTINENT AND CRITICAL TO PROPER EVALUATION OF YOUR PROPERTY'S VALUE. BECAUSE WE HAVE NOT RECEIVED THIS INFORMATION, WE HAVE NO CHOICE BUT TC DEN: ANY ADJUSTMENTS ON THIS PROPERTY UNTIL raz NECESSARY INFORMATION IS RECEIVED. PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE OF VALUE ACTUAL VALUE ACTUAL VALUE PRIOR TO REVIEW AFTER REVIEW LAND 251033 25'.033 IMPS 192196? 192196, • TOTALS S g 2183000 S 21a3000 If you disagree with the Assessor's derision,you have the right to appeal to the County Board of Equalization for further consideration,39-8- 106(1)(a),C.R.S. Please see the back of this form for detailed information on filing your appeaL 06/30/1999 By: Stanley F.Sessions WELD COUNTY ASSESSOR DATE 15-OPT-AR Form PR-207-81,94 ADD[TIONAL INFORMATION ON REVERSE SIDE tip. YOU SAVE HF RIGHT TO APPEAL THi ASSESSOR'S DECISION The C.3unr-/Board or=_ualir adou Htil srz-o her apneas bezi'-r; ?ZOCe^✓ �Ip3T:d and 'Ouiictngs) and personal:ordpe.••-.;?+•-.:c .,.e '1 !in . , a equipment) j]ZOll?S g and 3 _-3 real I C.R 1:..�. -.r•:r... j - o 0-(=), 3. �-�_. L—.ter, add =euzpme-t �9-3..10� and 39-3- APPEAL PROC�D 2,53. If If;'eu r:case to wneai the Assessor's' sessor sdecision- you .:.L`st 1p7eal to the CJllnr: Board of cual.Zarion. To or:serve your= nZ to nneal, Your anneal=ST'oePCST\(-.2<5DOTtDELT EREDlON OR 3EP0R2 JUTJULY 1: :CR REAL _ ROP 'Y ?Nip :tL-`:20 FOR?ERFOR 2=RECNAL PROPE'R"'_"`i. WELD COLS,_ BOARD OF =QUAUZ_?_ON 915 10th SC e P.O. Box 753 C—__'ev. Coicrado 306_ Telephone C970)3_64000 ‘122.5 NOT T„TCA.TTONOFHEAR . You will be noted of the dme and place se? for Q of anneal. COL-YrY Bt�4RD OF FOT-4.LIZATTO�'c 7 The CountyBoard �7T_ -.Rti1INa"jCN: of Ecua and on must make :ion on your ,I business days of that Secision. The C ' a _ _• b ari you a tl.'.:.'.:'-�^_.3?1CL 'Ji`;.`'.I' _iV.'. OL:ur, Board`r:_cL conclude their n2�_ __ '7� u'Csb 5 T lyfl lR Q.I( nTS FOR T1;T_HCl ?1'tA1 If you are not sat z d with the Canty, Count'Board Lau :on'- v �. - cr _ C. you_ .:_i =2 '�i_"L_ .1' S^ �i _ C oI' Board ')I Assessment A,^,neat Ga the 3_ _ a: _heor.". il 2222 -. _.. �� - - Oe:ver; Co!crs_., ?C20= ,303136c-i33i'. 9t1: Dric: Cour:� Cr_ ' -,i _c --=3C63 _ 9- _ Ar bitrar'on• `O=LD COLTY' 3C.A2s .OF':QL:.s 1C-b. Sr-=_-. P.O Box :3 Greeley. Colorado 30632 Telephone '9- L: JOL' CO nO2 receive a determination ,- L 7ou ss. of r +` al ..motion from: the 'V.�:.^. Bko=i-d 'o_ _Ouch_^on. you _u `'Le az_.appeal 'Apr s 'ay Se:tember 10. -- with the Board- of TO PRZSERVT YOUR APPEAL RIGHT s, YOU NI ST PROv N YOU SAVE FILED A TT/ LY APPEAL: THEREFORE. WE REC01OEYD .ALL CORRESPONDENCE. BE MAILED,}�TTH PROOF Ub 4td'fTT G; '-- - - _ . u:NTo1 Cut-Nrt EQr .lZAITOv In the si ace below aiease .:t =lain why v0U 13s_ureawith '�7= , 8-106 CRS. YOL \IC'S T STAn Z O \ Asserc 's valuation.R.MCIN P CV SPECIFIC DO E s_k = 3S- C1La F =0`: O "v??L= T Z`rI5 CF .� SPtCIFIC DOLL _A3.Arach addtranai documents as eces_--• Sct v e',/4C9al7 27 2 p6O - - BRIDGE & ASSOCIATES 82O SIMMS St SUITE 12 eL •.e• GC)! nr-v, .g 8-G4-01' % S. Stanley F. Sessions WELD COUNTY ASSESSOR CHRISTOPHER WOODRUFF, DEPUTY ASSESSOR APPRAISAL REPORT OF COMMERCIAL PROPERTY FOR County Board of Equalization STARTEK USA INC PETITIONER vs. WELD COUNTY ASSESSOR'S OFFICE RESPONDENT Parcel Number: 0803-31-1-00-057 Schedule Number: R7468598 Log Number: 2616 Date: August 3, 1999 Time: 2:30 P M Board: BOARD PREPARED BY (J DAVID SCHILDMEIER Ci.MAGS ^�tV�V 1 My utv %l\ Z lcicl - Signature Da Signature Date ASSESSOR'S OFFICE STAFF APPRAISER OBOE_COMM_010998 SUBJECT PHOTOGRAPHS --4:'',:;%t/ '- '7 a+ i nrtA4 n' unlSl•'^ Front view A _agormalelligl 4 Rear view r I _- 42&37' 10' UTILITY EASEMENT FEDERAL'/ ` \ ACCESS 1oD • 1 1 , _ n _ 1 .�,� � 1 -4110V — b 4 1 a -Me I BEF I la I al I E Sea WA-. .5 i• 35'47'21'I O ' 'IOC 1998 . 1 R a, 804.75' I 1 •a I+J,4 vs, T in 259.84' �Il o°b^^ O VneF.SOIZE5 L 502.88' I ' `0`O:' to 0 1 o . n"a • 7' WALK I J ONE STORY BUILDING i O : .��•' le MG' x 224' II�`��-• 1'� EGUIP. �Jll\`. :' w e • i i FEDERAL I a !_ ` •i 4 r ACCESS i • . RAMP I .1 I/I / . . . . . . . . i -1-./.••./././.•:••••/..•••••••/* ING / a �...'...'.'.'.'.'�.'.•. .•.•...•.•.....•. •.•. FG' WALK/ ii' A ;r- °° {::f::: ' � i� ' / I► B. E� ¢o ' w _\I �I / 41 oa - h p :� a • ° °: 7J 35061' (ea •) <:: G• • ' (p • l (• • �l (•==Q -• 365.51' / C'] •° lj (• �p ?5.06' a r '? 10.03' '. * I N90'0000 W' SUMMARY OF SALIENT FACTS AND CONCLUSIONS Purpose of the Appraisal : Estimate market value June 30 , 1998 Property Rights Appraised: Unencumbered fee simple interests . Property Address : 1250 H Street, Greeley, Colorado Improvement : Office Building Land size : 348 , 044 square feet Zoning: PUD Planned Unit Development Assessor' s Value : 1999 Land Value : 261 , 033 Imps Value : 1 , 921, 967 Total Value : 2, 183 , 000 Highest and Best Use : Present use as a Office Building . Size of Improvements : 34 , 944 square feet Year of Construction: 1998 Effective Age : 1 years Remaining Economic Life : 49 years Estimated Land Value : $261, 033 Estimate of -Value : Cost Approach Land Value : 261 , 033 Improvement Value : 2 , 389 . 205 Total Value Rounded: $2 , 650 , 200 Sales Comparison Approach: $2 , 183 , 000 Income Approach: N/A Final Estimate of Value : $2, 183 , 000 Date of Value : June 30 , 1998 1 November 6, 1998 StarTek U.S.A. Inc. 237 22 St. Greeley, CO 80631 Attn: Richard Hannon RE: Construction costs for the new StarTek office. Dear Mr. Harmon: I am writing to request the builder's cost breakdown on the new office located at 1250 H Street, Greeley, Colorado.. If you are unable to submit a detailed cost breakdown, please summarize in the following manner: Land Site Preparation Building Parking Lot Miscellaneous Total Construction Cost(including contractor's profit) Information provided by Date: Please send this information to the Weld County Assessor's Office. Our mailing address is: 1400 N 17th Avenue, Greeley CO 80631, Attention: David Schildmeier. Thank you in advance for your help in this matter. Sincerely, David Schildmeier Weld County Commercial Appraiser DS/rdn M::\WP£ILES\COMMERCL\CONSTCST.TPL z LAND SALES SUMMARY SHEET Sales Sale Date of Contrib. Sales Area Price/ No. Grantor/ Grantee Sale Price In SF SF Land Zoning Subject Startek USA Inc 1250 H Street -- 348, 044 PUD Greeley, CO 1 Weld County/Startek 1250 H St 12/97 $261, 360 348, 044 $0 . 75 PUD Greeley, CO 2 New Hope Invest/Foust: Const 04/98 $400, 500 . 227, 563 $1 . 76 C-H 3059 29 St, GREELEY, CO 3 Tiedgen Harold/HM Partners 11/94 $142, 000 154, 000 $ . 92 I-M 112 13 St Greeley, CO 5 Lloyd Branch/Burgener 08/97 $159, 500 103, 534 $1 . 54 I-M Brothers 130 22 St Greeley, Co SUBJECT SITE The subject site is a 348 , 044 square foot irregular, level , interior lot with good accessibility to 11 Avenue . The comparable land sales range for $0 . 75 PSF TO $1 . 54 PSF . The mean of the sales is $1 . 24 and the median is $1 . 23 . As a result of the land sales study, a value of $0 . 75 per square foot has been applied to the subject land area or $261, 033 . 3 WELD COUNTY ASSESSOR Account#: R7468598 PROPERTY PROFILE Parcel #: 080331100057 MH Seq#: MH Space: Appr Year: 1999 Levy: 91.113 #of Bldgs: 1 Active On: Tax Dist: 0609 Map #: 2160 LEA: 1A0487 InactiveOn: Assign To: DWS Initials: TST Acct Type: Commercial Last Updated: 7/20/99 Owner's Name and Address: Property Address: STARTEK USA INC Street: 1250 H ST 111 HAVANA STREET City: GREELEY DENVER CO 80010 Business/Complex: STARTEK COMPUTER SUPPORT Sales Summary Legal Description PT TRACT C WELD COUNTY BUSINESS PARK PUD BEG NE COR 31 6 65 THENCE SODW 1545.0'THENCE N9ODO'W 50.0'TO TPOB THENCE N90DO'W 428.37'THENCE ALG A CURVE TO THE RIGHT RADIUS=804.75'CHORD=S03D06'W 494.55'THENCE S21 D0W 250.0'THENCE ALG A 'CURVE TO THE LEFT RADIUS=365.51'CHORD=S17D04'W 49.99'THENCE S9ODO'E 559.43'THENCE NODE 775.0'TO TPOB SITUS: 1250 H ST GREELEY 80631 Land Valuation Summary Unit of Number Of Value Per *Assessed Abst Assmt Value Land Type Ag Code Cade Measure Units Unit Actual Value Percent Commercial 2120 Acres 7.99 $32,669.96 $261,033 29.00% $75,700 Land Subtotal: 7.99 $261,033.00 $75,700.00 Buildings Valuation Summary Abst Actual Assmt *Assessed Bldg # Property Type Code Occupancy Value Percent Value 1 Commercial 2220 344 - Office Building $1,921,967 0.29 $557,370 Improvements Subtotal: $1,921,967.00 $557,370.00 ' Total Property Pro ert Value $2,183,000 $633,070 *Approximate Assessed Value Tuesday, August 03, 1999 4 WELD COUNTY ASSESSOR Account#: R7468598 PROPERTY PROFILE Parcel#: 080331100057 MH Seq#: MH Space: Building#: 1 Condo SF Condo % Land: Condo % Bldg: Landscaping Qual/$ Property Type: Commercial Average $0.00 Quality: Average Nbhd: 100 Occupancy: Office Building Condition: Average Nbhd Ext: Perimeter: 760 Nbhd Adj: 1 Individual Built As Detail I Built As: Office Building Year Built: 1998 Construction Type: C Year Remodeled: HVAC: Package Unit % Remodeled: Interior Finish: Adj Year Blt: 1998 Roof Cover: Effective Age: 0 Built As SF: 34944 Mh Make: #of Baths: Tag Length/Width: X #of Bdrms: Tag Length/Width: X #of Stories: 1 Mh Skirting LF: Story Height: 15 MH Skirting Type: Sprinkler SF: 34944 Diameter: Capacity: Height: Building Details 7 [Bldg #: 1 a. ,iiil x }i 4 ., ,ii4,is L i ASir.' Miti{iM40n��.,r::. ..i kYrtr #3:fi 4 280 t;i 4$�0.7io $3. Shed Block 01 3.00 Concrete Slab Average 8500 $2.36 $20,060.00 Asphalt Average 183100 $1.51 $276,481.00 Value Details RCN Cost/SF: $58.17 Design Adj 11/0: 0 Func Obs %: 0 Total RCN: $2,389,205.00 Exterior Adj %: 0 Econ Obs %: 0 Phys Depr°t°: 0 Interior Adj %: 0 Other Obs %: 0 Phys Depr$: 0 Amateur Adj %: 0 RCNLD $: $2,389,205.00 RCNLD Cost/SF $68.37 Market/SF: $0.00 Tuesday, August 03, 1999 5 07/27/99 PIN: 7468598 COMPARATIVE SALES APPROACH NAME: STARTEK USA PARCEL NO 0803341100057 95910228003 95910229002 95910228002 95912300025 COMP SALE NUMBER SUBJECT 1 2 3 4 ADDRESS 1250 H ST 5400 11 ST 5890 13 ST 5590 11 ST 3459 20 ST GREELEY GREELEY GREELEY GREELEY GREELEY USE OFFICE OFFICE OFFICE OFFICE OFFICE SALE DATE 09/19/97 05/08/98 04/16/97 11/25/97 SALE PRICE 2,550,000 3,250,000 2,300,000 2,100,000 ADJ. SALE PRICE 2,550,000 3,250,000 2,300,000 2,100,000 LAND VALUE 261,033 505,708 753,884 _ 385,541 353,432 BLDG SIZE 34,944 36,968 45,791 29,180 23,297 BLDG. VALUE 2,044,292 2,496,116 1,914,459 1,746,568 BASEMENT STORAGE 6,617 BLDG DESIGN _ 1 STORY 1 STORY 1 STORY 1 STORY 2 STORY BLDG PRICE/SQ. FT. 55.30 54.51 65.61 74.97 YEAR BUILT 1998 1996 1997 1997 1997 EFFECTIVE AGE 1998 1996 1997 1997 1997 ADJUSTMENTS: - BLDG.SIZE@55.00 -111320 -596585 317020 640585 BUILDING AGE 0 0 0 -- 0 NET ADJ TO ADJ SALE PRICE -111320 -596585 317020 640585 ADD BLDG VALUE 2044292 2496116 1914459 1746568 NET ADJ TO SALE PRICE 1932972 1899531 2231479 2387153 ADD SUBJECT LAND 261033 261033 261033 261033 INDICATED VALUE 2194005 2160564 2492512 2648186 INDICATED VALUE PSF 62.79 61.83 71.33 75.78 INDICATED MARKET VALUE 34944 X$62.47=2,183,000 6 STARTEK.WK4 COMPARABLE SALE 632 4 ,gg. 3 3edi—. r PIN#, 6941698 PARCEL #: 095910228003 PRIMARY OCCUPANCY: OFFICE OFFICE: 2ND OCCUPANCY: ADDRESS: 5400 11 ST GREELEY • PROJECT: SALE DATE: 09/19/97 BOOK #: 1628 SALE PRICE: $2,550,000 RECEPTION #: 2570988 ADJ SALE PRICE: GRANTOR: ROCHE PATRICK B GRANTEE: DRAKE FAMILY TRUST YEAR BLT: 1996 EFFECTIVE AGE: 1996 LAND/BLDG RATIO: 3.90 BLDG SIZE: 36,968 IMPS PRICE/PSF: $55.30 CLASS: C SALE PRICE/PSF: $68.98 CONSTRUCTION-QUAL.: AVG CASH DOWN: TRADE WALL HEIGHT: 16 LOAN: STORIES: 1 INTEREST RATE: BSMT SIZE: LOAN TERM (YRS): LAND SIZE: 144,323 POINTS PAID: LAND VALUE: 505,708 REMARKS: BUYER TRADED 240 ACRES OF FARM LAND AT W 20TH ST 71ST AVE FOR SUBJECT PROPERTY AND $100,000 CASH. 5 YEAR TRIPLE NET LEASE AT $23,000 PER MONTH WITH 3 ONE-YEAR OPTIONS. LEASE START DATE 9/19/96 COMPARABLE SALE 775 t,. • z \ , v. .j . :d 3Vx rye �xi'�ri� ' I'. _...._-�.. p� ,. miliffirr - PIN#, 7430598 PARCEL #: 095910229002 PRIMARY OCCUPANCY: OFFICE OFFICE: 2ND OCCUPANCY: ADDRESS: 5890 W 13 ST GREELEY PROJECT: SALE DATE: 05/08/98 BOOK #: SALE PRICE: $3,250,000 RECEPTION #: 2612234 ADJ SALE PRICE: GRANTOR: ROCHE PATRICK B GRANTEE: BOEHNER DALE & DIANNA, BUNA ADAM, ETAL YEAR BLT: 1998 EFFECTIVE AGE: 1998 LAND/BLDG RATIO: 5.49 BLDG SIZE: 45,791 IMPS PRICE/PSF: $54.51 CLASS: S SALE PRICE/PSF: $70.97 CONSTRUCTION-QUAI_: AVG CASH DOWN: $1,000,000 WALL HEIGHT: 16 LOAN: NEW STORIES: 1 INTEREST RATE: 8.50% BSMT SIZE: LOAN TERM (YRS): 3 YRS LAND SIZE: 251,169 POINTS PAID: LAND VALUE: 753,884 REMARKS: SELLER WAS THE DEVELOPER & BUILDER, PROPERTY LEASED TO STATE FARM INSURANCE FOR 5 YEARS STARTING 3/15/98, CAP RATE 11%, THIS SALE WAS PART OF 1031 EXCHANGE COMPARABLE SALE 633 S • -vex PI N#, 6941598 PARCEL #: 095910228002 PRIMARY OCCUPANCY: COLLEGE OFFICE: 2ND OCCUPANCY: AUDITORIUM 16.00% ADDRESS: 5590 11 ST GREELEY PROJECT: SALE DATE: 04/16/97 BOOK #: 1601 SALE PRICE: $2,300,000 RECEPTION #: 2543570 ADJ SALE PRICE: GRANTOR: ROCHE PATRICK B GRANTEE: AIMS CONTINUING EDUCATION AUTHORITY YEAR BLT: 1997 EFFECTIVE AGE: 1997 LAND/BLDG RATIO: 3.78 BLDG SIZE: 29,180 IMPS PRICE/PSF: $65.61 CLASS: C SALE PRICE/PSF: $78.82 CONSTRUCTION-QUAL.: AVG CASH DOWN: WALL HEIGHT: 17 & 23 LOAN: STORIES: 1 INTEREST RATE: BSMT SIZE: LOAN TERM (YRS): LAND SIZE: 110,249 POINTS PAID: LAND VALUE: 385,541 REMARKS: BUILDING BUILT BY SELLER TO SUIT BUYER COMPARABLE SALE 636 • 4 �SI • PIN#, 0273493 PARCEL #: 095912300025 PRIMARY OCCUPANCY: OFFICE OFFICE: 2ND OCCUPANCY: ADDRESS: 3459 W 20 ST GREELEY PROJECT: SALE DATE: 11/25/97 BOOK #: 1638 SALE PRICE: $2,100,000 RECEPTION #: 2585596 ADJ SALE PRICE: GRANTOR: WSPR LLC GRANTEE: BROYLES DONALD R 1997 YEAR BLT: EFFECTIVE AGE: 1997 LAND/BLDG RATIO: 3.79 BLDG SIZE: 23,297 IMPS PRICE/PSF: $74.97 CLASS: S SALE PRICE/PSF: $90.14 CONSTRUCTION-QUAL: AVG CASH DOWN: $279,000 WALL HEIGHT: 14 LOAN: NEW STORIES: 1 INTEREST RATE: UNK BSMT SIZE: LOAN TERM (YRS): UNK LAND SIZE: 88,358 POINTS PAID: LAND VALUE: 353,432 REMARKS: GRANTEE IS IN A PARTNERSHIP WITH BARTELS & NOE GRANTEE STATES THAT FINANCING WAS TYPICAL MARKET TERMS Hello