Denver Apartment Buildings For Sale Website – Apartment Market Reactions – by Kyle Malnati
Central Denver Apartment Market Comps 2004-2011 — Kyle Malnati – Take a look at all of the apartment building sales in Denver from 2004 through 2011.
My 2012 1st Quarter Central Denver Apartment Market report will be mailed to investors next week. I am making this available on-line for anyone that would like to reference it again. Here is my verbiage from the 1st Quarter report in March:
“The 2012 apartment sales market is really hot for Sellers! I have several Buyers looking for quality apartment buildings in Central Denver from $500,000 to $2,500,000. Please take a look at my website – www.DenverApartmentBuildingsForSale.com – for a detailed quarterly comparison of 2011 EOY vs. 2010 EOY. Here is a “short-hand” comparison regarding that sales information. 2011 ended on a very positive note as the second half of the year had 67% more sales than the first half. 2012 looks to be a continuation of a strong apartment sales market based on the investor sentiment that I am hearing in the market.
2011 – 48 (Total) vs. 2010 – 41 (Total)
1st – 9 1st – 8
2nd – 9 2nd –12
3rd – 12 3rd – 10
4th – 18 4th – 11
In order to provide you, the Denver apartment owner, with detailed and relevant information, I have divided Central
Denver area into distinct neighborhoods (Capitol Hill, Congress Park, Uptown, and Washington Park). This allows us to focus on trends within a specific neighborhood and not rely on Metro Denver’s generalized statistics. Although this requires more work and research, I believe that property owners in our market will appreciate and can benefit better from the more accurate information.
The purpose of this newsletter is to provide insight on the direction of the market, and to recap the apartment transactions
occurring in the 3rd Quarter of 2011 and the 4th Quarter of 2011 in Central Denver’s neighborhoods. This newsletter
is the 21st issue of a quarterly publication which focuses exclusively on the apartment market in Central Denver. The
Central Denver Apartment Market Report is an ongoing service provided by Kyle Malnati.
~ I hope that you enjoy my newsletter! ~ Kyle
Madison Commercial Properties, LTD
1221 South Clarkson Street, Suite #300
Work Phone: 303-771-3850
Cell Phone: 303-358-4250