Denver Apartment Buildings For Sale website announces that Greg Johnson and Kyle Malnati sold a 7-unit apartment building that is located in the Cheesman Park neighborhood. The property is called Cheesman Flats and its address 1057 Marion Street, Denver, CO 80218.

1057 Marion Street

1057 Marion St. – OLD Marketing Brochure (2014)

NEIGHBORHOOD NAME: Cheesman Park
PROPERTY NAME: Cheesman FLATS
ADDRESS: 1057 Marion Street, Denver, CO 80218
SALE PRICE: $1,095,000 (LIST PRICE: $1,050,000)
SALE DATE: 7/11/2014
SQUARE FEET: 8,631
# OF UNITS: 7
UNIT MIX: 5-2Br/1Ba; 1-1Br/1Ba, 1-Studio
PRICE/UNIT: $156,429
PRICE/SF: $126.87
CAP RATE: 6.05% (actual)
CAP RATE: 6.98% (projected)

MADISON COMMERCIAL PROPERTIES ANNOUNCES THE SALE OF 1057 MARION STREET