Apartment building sale in Denver - 1526-1530 Milwaukee Street
Posted on Wed, Nov 10, 2010
1526-1530 Milwaukee Street is a substantially renovated 6 unit Denver apartment building within walking distance of City Park. The multifamily property was constructed in 1908 and consists of 4 – 1Bedroom/1Bath units and 2 - 2Bedroom/1Bath apartment units.
Kyle Malnati, a commercial real estate broker and Senior Advisor for Pinnacle Real Estate Advisors in Denver, assisted the Buyer in a 1031 exchange transaction. After the closing, Kyle Malnati added, “I represented the Buyer when they sold their relinquished property. We reviewed about 40 deals and personally did 17 showings until they were satisfied by finding this property.” Matt Ritter and Jeff Johnson, commercial real estate brokers and Principals for Pinnacle Real Estate Advisors, assisted the Seller in the transaction. The transaction closed on November 10, 2010 with a contract price of $475,000 or $79,167 per unit.
For more information on this apartment building sale in Denver or other Colorado commercial real estate transactions please contact Matt Ritter, Kyle Malnati, or Jeff Johnson at 303.962.9555.
To view a current list of our apartment buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.