Matt Ritter, Jeff Johnson, JB Hochman & Josh Newell announce the following apartment building sale in Denver, Colorado: 1525 Yates Street
Posted on Fri, May 29, 2009
1525 Yates Street is a 24 unit brick apartment building located near the future Sheridan Light Rail park-n-Ride station. The building was built in 1969 and was fully occupied at the time of the transaction. The unit mix was 12 - 1Br/1Ba, 6 - Studios, and 6 - 2Br/Ba. JB Hochman and Josh Newell represented the Seller, L/D Properties, Inc. and Matt Ritter and Jeff Johnson represented the Buyer, Jaaso Unlimited Series 1525 Yates Only, LLC. This
transaction closed on May 29th, 2009 and the contract price was $1,097,237 or $45,718 per unit.