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 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