Bobby Hutchinson & Joe Hornstein announce the following apartment building sale in Denver: 6 Lincoln Street
Posted on Tue, Nov 03, 2009
The Lincoln Street Apartments, located at 6 Lincoln Street in the West Washington Park neighborhood of Denver, is a 39 unit apartment building built in 1964. The Lincoln Street Apartments sold at a 7.96% cap rate which is a price of $2,450,000 or $62,821 unit. There were 3 vacancies at the time of sale. Bobby Hutchinson & Joe Hornstein represented the Seller, BPMA Apartments, LLC. and Greg Price of Marcus & Millichap represented the Buyer, 6 Lincoln, LLC. This transaction closed on November 3rd, 2009.