Apartment building sales in Central Denver - 3318 High Street & 1460 Jasmine Street
Posted on Wed, Nov 02, 2011
The High Street Condos located at 3318 High Street is a recently renovated 18 unit apartment building located in the Whittier Neighborhood of Denver. The multifamily property was constructed in 1958 and has undergone over $240,000 in capital improvements. The unit mix consists entirely of 2Bedroom/1Bath apartment units.
Matt Ritter and Jeff Johnson, commercial real estate brokers and Principals for Pinnacle Real Estate Advisors in Denver, assisted both the Buyer and the Seller in the transaction. The transaction closed on October 25, 2011 with contract price of $1,158,000 or $64,333 per unit.
The Link Apartment Building is located at 1460 Jasmine Street. This multifamily property is 17 units and consists of 6 – 1Bedroom/1Bathroom units and 11 – 2Bedroom/1Bathroom units. Built in 1948, this property was recently renovated and is in excellent condition.
Matt Ritter and Jeff Johnson, commercial real estate brokers and Principals for Pinnacle Real Estate Advisors in Denver, assisted both the Buyer and the Seller in the transaction. The transaction closed on October 28, 2011 with contract price of $1,425,000 or $83,824 per unit.
For more information on this apartment building sale in Denver or other Colorado commercial real estate transactions please contact Jeff Johnson or Matt Ritter at 303.962.9556.
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To view a current list of our apartment buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.
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