CHEESMAN PARK VILLAS, 3700 NORTH GAYLORD STREET, 3701 NORTH YORK STREET, AND 3749 NORTH YORK STREET, DENVER, COLORADO

601-609 NORTH LIPAN STREET, DENVER, COLORADO

The City of Denver brought administrative actions against the owner of the properties ("Properties") located at 3700 North Gaylord Street, 3701 North York Street, and 3749 North York Street, Denver, Colorado ("Cheesman Park Villas") and 601-609 North Lipan Street, Denver, Colorado ("Lipan Properties"). Following Judgments in the administrative actions, the City of Denver filed suit against the owners in Civil Action No. 2015CV30918, Denver District Court, then filed a motion for the appointment of a receiver over the Properties. On April 15, 2016, the District Court entered its Order Appointing Receiver appointing Sterling Consulting Corporation receiver over the Properties and certain rights associated with the Properties. The Cheesman Park Villas Property is comprised of seven, four-unit residential buildings. Each unit is about 560± square feet. All are derelict, abandoned, and boarded up. The real estate is comprised of 89,000± square feet situated between 37th Avenue and 38th Avenue, and between Gaylord Street and York Street. The Property is the entire block except the four units and property at 3735 North York Street. The Cheesman Park Property is zoned URH (Urban Row House). The Lipan Property is comprised of a derelict and abandoned 4,517± square foot building situated on 12,540 square feet of land zoned IA. Both Properties are in highly desirable areas of the City of Denver. It is likely that the receiver will conduct a receiver’s judicial sale of the Properties and distribute the proceeds to the various claimants against the Properties as Instructed by the District Court.