Property History
Unlicensed, former group home, fire-sprinkled. For sale $775,000 or lease $6,000 per month NNN. This 1-story plus unfnished basement ranch-style home was used as a group home for Intellectually Disabled Invididuals. Large lot. This home has retained its 2-car attached garage. Fire-sprinkled, smoke and fire alarm system. ADA bathrooms. 6BR/2BATH former group home originally built 1963 but expanded and renovated with fire sprinkler system in 2006 and 2007. This is located in a quality residential area of Centennial. Could be used for assisted living, sober living, addiction recovery, or adult daycare. (check with City of Centennial Zoning before making offer)
The U.S. Department of Housing and Urban Development (HUD), Multifamily Property Disposition Division is commencing the public sale of Developmental Pathways III on October 30, 2024, at 11 a.m. (local time). The sale will be held on the front steps of the Arapahoe County Administration Building located at 5334 S. Prince St, Littleton, CO 80120. The location of the sale can be moved by an oral announcement of the Foreclosure Commissioner on the day of the sale.
Written bids will be accepted no later than two (2) business days prior to the date of the Foreclosure Sale. Mail bids to: Thomas Kelly, Derryberry, Peaseley & Derryberry PLC, 504 Autumn Spring Court, Suite 26, Franklin, TN 37067 by October 28, 2024, at 11:00 am (local time).
Virtual Tour: To give interested parties additional information and view portions of the Property, HUD will have a virtual tour available. Tour is available at the link below. Not all areas of the Property may be available for viewing.
The properties included in the sale of Developmental Pathways III are as follows:
Parcel A - 1179 S. Lima Street, Aurora, Colorado 80012,
Parcel B - 5889 S. Sherman Way, Centennial, Colorado 80121, and
Parcel C - 7021 S. Ash Circle, Centennial, Colorado 80122
Property Features:
6 bedrooms each
2 bathrooms each
15,412 property area and square footage
All properties feature a deck/patio
City water/sewer/garbage
Each property has a covered porch
Sale details are available at https://www.hud.gov/program_offices/housing/mfh/pd/mfplist. For more information, contact Julie Hutcherson at Julie.S.Hutcherson@hud.gov.
Properties are located in a residential district less than 20 miles outside of Denver, Colo. They were previously used as group homes, but the purchaser may determine their future use with no use restrictions. The minimum bid is currently unstated, and bidders are encouraged to thoroughly review previous participation certification requirements, terms, conditions, and necessary forms to submit a complete and responsive bid prior to participating in property sale. Additional information is as follows:
Foreclosure properties being sold via live bid.
Unstated Minimum Bid.
Purchaser determines future use.
3 properties in one sale.
18 bedrooms total.
No special conditions/announcements.
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