Denver Apartment Buildings For Sale website announces that Greg Johnson and Kyle Malnati sold an 8-unit apartment building at 4160 West 74th Avenue in the City of Westminster, Colorado located northwest of Denver.
PRICE: $515,000
SALE DATE: 3/21/2013
SQUARE FEET: 6,966
# OF UNITS: 8
UNIT MIX: 8-2Br/1Ba
PRICE/UNIT: $64,375
PRICE/SF: $73.93
CAP RATE: 7.74% (actual)
Here are some property highlights:
– Double-pane Vinyl Windows
– Newer roof
– Attractive landscaping
– Most bathrooms have been remodeled with new tubs, new shower tile, and new floor tile
– Meticulously well-maintained and professionally managed
– Attractive, secluded location near shopping, schools, Wolff Run Park and future light rail station
– All units have separate dining area and large master bedroom with huge walk-in closet
For more information about this apartment building sale in Westminster or other Colorado commercial real estate transactions, please contact:
Kyle Malnati
303-358-4250
kmalnati@madisonprops.com
Madison & Company Properties
Madison Commercial Properties
1221 S. Clarkson St. #300, Denver, CO 80210