Apartment building sale in Denver - 2550-2560 South Valley Highway
Posted on Tue, Apr 05, 2011
2550-2560 South Valley Highway is a nicely renovated 18-unit apartment building located in Denver, along the Highline Canal Trail near I-25 and Yale Avenue. The multifamily property was constructed in 1962 and consists of 1-Studio, 9-1Bedroom/1Bath and 8-2Bedroom/1Bath apartment units. The property had three vacant units at time of 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 April 5, 2011 with contract price of $995,000 or $55,277 per unit and $74 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.
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