Recent Colorado Commercial Property Sales

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Josh Newell & JB Hochman announce the following apartment building sale in Wheat Ridge, Colorado : 3481 Benton Street

Benton Street Townhomes is a 10 unit apartment building located in Wheat Ridge, CO. The property was constructed in 1985 and consists of all 2bd/1.5ba townhome style units. The property had one vacant unit at the time of sale.

Josh Newell and JB Hochman represented the Buyer, Legend Properties LLC, in the transaction and the Seller, The Estate of Carol Claus, was represented by Linda Fuss. This transaction closed on October 12th, 2009 and the contract price was $700,000 or $70,000 per unit. The Buyer paid all cash for the property and the transaction was completed in just 11 days. Newell remarked that his team is "seeing more and more activity from all cash Buyers who are looking for a place to park their money."