Denver Direct: Denver to Pay $6.5 Million for Property Assessed at $1 Million


Thursday, February 4, 2010

Denver to Pay $6.5 Million for Property Assessed at $1 Million

Same old dreary Safeway, price up 600%

The old Safeway at 16th and Josephine in East Denver, for which the City has agreed to pay $6.5 million to Charles H. Woolley II, has a current appraisal (by the City of Denver) of $1,026,050.00. This information came directly from online City tax records.

Lucky (or informed) individuals, buying at the right time, often make a “killing” when their property is chosen by a government entity for purchase. Charles Woolley II was an early advisor/partner to now Mayor Hickenlooper, back when Hick was just starting the Breckenridge Brewery.

That Woolley is certainly one lucky guy.

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