Apartment building sale in Denver - 1707 West 52nd Avenue
Posted on Mon, Dec 27, 2010
1707 West 52nd Avenue is an 8 unit Denver apartment building located in West Denver. This multifamily property was constructed in 1962 and consists of 8 – 2Bedroom/1Bath units.
Josh Newell, commercial real estate broker and Senior Advisor for Pinnacle Real Estate Advisors in Denver assisted both the Seller and the Buyer in the transaction. The transaction closed on December 27th, 2010 with a contract price of $485,000 or $60,625 per unit.
“The property was well maintained by the previous ownership group and has shown consistently strong cash flow for years,” Newell commented. Each unit has front and back entrances, hardwood floors, and washer hook-ups.
For more information on this apartment building sale in Denver or other Colorado commercial real estate transactions please contact Josh Newell at 303-962-9559.