Denver: Congress Park neighborhood apartment building sales.

Denver Apartment Buildings For Sale website published its 2nd Quarter newsletter for 2014.

The purpose of this newsletter is to provide insight on the direction of the Central Denver apartment sales market, and to recap the transactions that occurred after our last newsletter was published. These transactions occurred within the 1st and 2nd Quarters of 2014 (2/1/2014-5/31/2014).

Congress Park Denver Apartment Building Sales: 6 properties sold: Averages – $175.78/SF – $155,844/Unit

5/30/2014 – 1200 Saint Paul St. – Units: 11 – Price: $1,625,000 ($167.70/SF; $147,727/unit)
5/19/2014 – 1320 Garfield St. – Units: 12 – Price: $2,275,000 ($211.59/SF; $189,583/Unit)
4/30/2014 – 1335 Monroe St. – Units: 12 – Price: $1,400,000 ($189.06/SF; $116,667/Unit)
4/11/2014 – 1485 Clayton St. – Units: 11 – Price: $2,700,000 ($191.00/SF; $245,455/Unit)
2/25/2014 – 1281 Columbine St. – Units: 24 – Price: $3,000,000 ($160.60/SF; $125,000/Unit)
2/25/2014 – 2727-2737 E. 13th Ave. – Units: 7 – Price: $1,000,000 ($131.53/SF; $142,857/Unit)

For more detailed information about Apartment Buildings For Sale in Denver, or to discuss your investment opportunities, please contact us at 303-771-3850 or visit our website at: http://www.DenverApartmentBuildingsForSale.com

~Kyle Malnati (303-358-4250)
Greg Johnson (303-810-1328)
Madison & Company Properties
1221 South Clarkson Street, #300, Denver, CO 80210
kmalnati@madisonprops.com
gjohnson@madisonprops.com
http://www.MadisonProps.com