Matt Ritter and Jeff Johnson announce the following apartment building sale in Denver: 1117 Pennsylvania Street
Posted on Tue, Dec 15, 2009
LaMont is a completely renovated 14 unit apartment building located in the Capitol Hill neighborhood. The property was constructed in 1925 and consists of 6 - 2 Bedrooms/1.5Bath units and 8 - 1Bedroom/1Bath units.
Matt Ritter and Jeff Johnson represented the Buyer, Emporia Denver #1, LLC and the Seller, 1117 Pennsylvania, LLC in the transaction. The transaction closed on December 10, 2009 with contract price of $1,300,000 or $92,857 per unit. The Buyer paid all cash for property and the transaction was completed in 30 days.