Granby Advances Nuche Village Apartment Sale Agreement
Town of GranbyCity · Granby, CO- Disclosed value
- Purchase price $3,855,836.00; $1,855,836.00 cash at closing; $2,000,000 promissory note; approximately $7.6 million Prop 123 loan assumption
- From agendapacket
- Approved
- Sep 8, 2026
The 30-second brief
The Town of Granby’s packet includes agreements with Nuche Village Apartments, LLC for the sale and development of the Nuche Village property. The deal calls for a $3,855,836 purchase price, a $2 million promissory note, assumption of approximately $7.6 million in Prop 123 financing, and a 40-year affordability covenant.
Nuche Village Apartments LLC holds this contract with Town of Granby.
Term as filed: Closing on or before September 10, 2026; promissory note term 18 months from closing; affordability covenant for 40 years.
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Contract details
- Amount
- Purchase price $3,855,836.00; $1,855,836.00 cash at closing; $2,000,000 promissory note; approximately $7.6 million Prop 123 loan assumption
- Document date
- September 8, 2026
- Term
- Closing on or before September 10, 2026; promissory note term 18 months from closing; affordability covenant for 40 years
- Agency
- Town of Granby
- Source document
- Town of Granby AgendaPacket Board of Trustees Meeting 2026-09-08 (AgendaPacket)
Nuche Village Apartments LLC's other public contracts
More Town of Granby contracts
Questions about this contract
Who was awarded the government contract by Town of Granby?
Nuche Village Apartments LLC was awarded this government contract by Town of Granby, as recorded on September 8, 2026. The contract value is Purchase price $3,855,836.00; $1,855,836.00 cash at closing; $2,000,000 promissory note; approximately $7.6 million Prop 123 loan assumption.
How much is the Nuche Village Apartments LLC contract with Town of Granby worth?
The Nuche Village Apartments LLC contract with Town of Granby is valued at Purchase price $3,855,836.00; $1,855,836.00 cash at closing; $2,000,000 promissory note; approximately $7.6 million Prop 123 loan assumption.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Town of Granby AgendaPacket Board of Trustees Meeting 2026-09-08 (AgendaPacket), dated September 8, 2026 from Town of Granby. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Nuche Village Apartments LLC hold?
Nuche Village Apartments LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Granby currently buying?
Explore Town of Granby's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.