Denver Apartment Buildings For Sale website and Kyle Malnati’s Central Denver Apartment Market Report for 2Q2012 details Apartment Buildings Sold in Denver during the 4th Quarter of 2011 and the 1st Quarter of 2012. The statistics for Congress Park Sales are 4 properties sold: Averages – $98.12/SF – $73,797/unit. The Congress Park neighborhood of Denver is described by the following: Bounded by York Street, Colorado Boulevard, Colfax Avenue, and 8th Avenue. The detailed information about each apartment building sale can be found below or in my latest newsletter.
– 10/10/2011: 1345 Monroe St. – Price: $895,000 – Units: 12 (Price/SF: $120.86; Price/Unit: $74,583)
– 11/8/2011: 1144 York St. – Price: $450,000 – Units: 6 (Price/SF: $113.24; Price/Unit: $75,000)
– 12/19/2011: 1160 Colorado Blvd. – Price: $1,645,000 – Units: 22 (Price/SF: $79.97; Price/Unit: $74,773)
– 1/13/2012: 1225 Colorado Blvd. – Price: $2,125,000 – Units: 30 (Price/SF: $78.41; Price/Unit: $70,833)
Congress Park Apartment Sales: 4 properties sold: Averages – $98.12/SF – $73,797/unit
The purpose of the Central Denver Apartment Market newsletter is to provide insight on the direction of the market, and to recap the apartment transactions that occurred in the 4th Quarter of 2011 and 1st Quarter of 2012 in Central Denver’s neighborhoods. This newsletter is the 22nd issue of a quarterly publication that focuses exclusively on the apartment market in Central Denver. Central Denver Apartment Market Report is an ongoing service provided by Kyle Malnati.
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Madison Commercial Properties
1221 S. Clarkson St. #300, Denver, CO 80210
Denver Apartment Buildings For Sale website