Recent Colorado Commercial Property Sales

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Apartment building sale in Denver - 701 28th Street

Apartment building sale in Denver - 701 28th Street701 28th Street is a 12 unit apartment building that was originally converted from apartments to condominiums in 2007 and renovated again in 2010.  The property is located just blocks from Five Points Plaza in the Curtis Park neighborhood and is located near downtown Denver.  The multifamily property was constructed in 1960 and consists of 1-1Bedroom/1Bath and 7-2Bedroom/2Bath apartment units.  This property was significantly updated by the Seller prior to Closing.

Joe Hornstein, Kevin Calame and Matt Lewallen are commercial real estate brokers for Pinnacle Real Estate Advisors in Denver.  Joe Hornstein represented the Seller on this transaction and Kevin Calame and Matt Lewallen represented the Buyer.  The transaction closed on December 9, 2010 with contract price of $1,455,000 or $121,250 per unit and $137 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, jhornstein@pinnaclerea.com or Kevin Calame at 303.962.9535, kcalame@pinnaclerea.com.