Denver Apartment Buildings Sold — Francesca Apartments in Capitol Hill

Denver Apartment Buildings For Sale website announces that Kyle Malnati sold the Francesca Apartments in Denver’s Capitol Hill neighborhood.

Denver Apartment Building SOLD – The Francesca Apartments at 1101 Clarkson Street, Denver, CO 80203 – Kyle Malnati (Madison Commercial Properties)

KYLE MALNATI – PRINCIPAL FOR MADISON COMMERCIAL PROPERTIES, LTD – IS PROUD TO ANNOUNCE THE FOLLOWING APARTMENT BUILDING SALE IN DENVER:

ADDRESS: 1101 Clarkson Street, Denver, CO 80203
PRICE: $1,900,000
SALE DATE: 7/12/2012
PRICE/UNIT: $47,500/unit
PRICE/SF: $79.81/SF
CAP RATE: 4.22% (actual 2011 NOI)
UNIT MIX: 4 – 2Br, 33 – 1Br, 3 – Studio

Kyle Malnati, Owner/Principal of Madison Commercial Properties, LTD in Denver, was the only broker involved in this transaction.

SPECIAL THANKS TO:

LENDER: Adam Sands – First Bank
TITLE: Brianna Hern – Stewart Title

For more information on this apartment building sale in Denver or other Colorado commercial real estate transactions please contact:

Kyle Malnati at 303-358-4250 or kmalnati@madisonprops.com.
http://www.DenverApartmentBuildingsForSale.com

http://www.madisonprops.com/madisoncommercial.html

http://www.madisonprops.com