The Main Street Apartments complex was built in 1999
By Jessica Alvarado Gamez | jalvarado@denverpost.com
PUBLISHED: November 12, 2024 at 6:00 AM MST
A 50-unit multifamily affordable housing property in the heart of Littleton is up for auction.
Littleton Main Street LLC, the complex’s owner, and Terra Management Group LLC, the property management company, have both filed for chapter 11 bankruptcy protection, according to bankruptcy court case documents.
Bids for the apartments, 2350 W. Main St., will be taken until Nov. 15, with the minimum bid being $6.2 million.
Keen-Summit Capital Partners LLC, a real estate brokerage and investment banking firm, along with Colliers International Denver, a commercial real estate provider, are conducting the bankruptcy auction.
“The key thing here is that whoever is buying this is going to be continuing to preserve the availability of affordable housing,”
David Levy, The Denver Post
Read the full article here.
