Apartment Building Sales In Aurora, Colorado - 12014 East 14th Avenue
Posted on Mon, Jun 21, 2010
This property was built in 1959, and consists of 8 - 1 Bedroom/1 Bathroom apartment units, and was well maintained with many capital improvements over the Seller's tenure of ownership. "The Seller had taken great care of the property, so it was a turn-key investment opportunity for the Buyer," said Jeff Johnson. "The Aurora apartment building appealed to the Buyer because of its ideal location, just 2 blocks from Fitzsimmons and in close proximity to several major development projects," commented Kyle Malnati.
Jeff Johnson and Matt Ritter, owners of Pinnacle Real Estate Advisors, represented the Seller. Kyle Malnati, commercial real estate broker, and Senior Advisor for Pinnacle Real Estate Advisors in Denver, represented the Buyer. The transaction closed on June 21, 2010 with contract price of $355,000 or $44,375 per unit.
For more information on this apartment building sale in Denver or other Colorado commercial real estate transactions please contact Kyle Malnati at 303.962.9555.
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To view a current list of our apartment buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.