Apartment building sale in Denver - 1016 Lafayette Street
Posted on Tue, Nov 23, 2010
1016 Lafayette Street is a nicely renovated 4 unit Denver apartment building located just blocks from historic Cheesman Park. The multifamily property was constructed in 1958 and consists of 2-Large 2Bedroom/2Bath, 1 – Large 2Bedroom/1Bath and 1 – Large 1Bedroom/1Bath apartment units. This property was significantly updated to convert to condominiums prior to this sale.
Joe Hornstein, commercial real estate brokers for Pinnacle Real Estate Advisors in Denver, assisted both the Buyer and the Seller (both local investors) in the transaction. The transaction closed on November 23, 2010 with contract price of $630,000 or $157,500 per unit and $130 per square foot.
For more information on this apartment building sale in Denver or other Colorado commercial real estate transactions please contact Joe Hornstein at 303.962.9547 or jhornstein@pinnaclerea.com.
To view a current list of our apartment buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.