Recent Colorado Commercial Property Sales

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Josh Newell and JB Hochman announce the following apartment building sale in Arvada, Colorado: 8867 West 54th Place

recent apartment building sale in Arvada Colorado - 8867 West 54th Place8867 West 54th Place is a single story 6 unit apartment complex in Arvada. The property was constructed in 1960 and contains 4 - 1bd/ba units and 2 - 2bd/1ba units. Josh Newell and JB Hochman assisted both the local Buyer and the out of state Sellers in this transaction. The Buyer put 35% down and closed the transaction in 55 days. The transaction closed on January 13, 2010 with a contract price of $291,000 or $48,500 per unit. It was the second transaction the Hochman Newell team completed that day.