Apartment building sale in Denver - 1160 Colorado Blvd.
Posted on Mon, Dec 19, 2011
1160 Colorado Blvd is a 22 unit Central Denver apartment building located near the Rose Medical Center. The multifamily property was constructed in 1946 and consists of 11 – 1Bedroom/1Bath units and 11 – 2Bedroom/1Bath units. The property has undergone numerous capital improvements and is in great condition.
Jeff Johnson and Matt Ritter, commercial real estate brokers and Principals for Pinnacle Real Estate Advisors in Denver assisted the Buyer in the transaction. Kary Ohan, broker for Cinema Realty, assisted the Seller in the transaction. The transaction closed on December 19, 2011 with contract price of $1,645,000 or $74,772 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 303.962.9555.