Denver: Capitol Hill neighborhood apartment building sales.

Capitol Hill: Denver Apartment Market Report 2014Q3

Denver Apartment Buildings For Sale website published its 3rd 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 have occurred since the last newsletter was published by Kyle Malnati and Greg Johnson. These transactions occurred in the 2nd and 3rd Quarters of 2014 (6/1/2014-8/31/2014).

Capitol Hill Denver Apartment Building Sales: 6 properties sold: Averages – $151.73/SF – $123,436/Unit

6/26/2014 – 760-770 E. 11th Ave. – Units: 13 – Price: $1,435,000 ($148.92/SF; $110,385/unit)*
6/27/2014 – 1236 Pearl St. – Units: 9 – Price: $1,180,000 ($148.58/SF; $131,111/Unit)*
7/2/2014 – 525 Pennsylvania St. – Units: 18 – Price: $1,818,000 ($102.45/SF; $101,000/Unit)
7/11/2014 – 1057 Marion St. – Units: 7 – Price: $1,095,000 ($126.87/SF; $101,000/Unit)*
7/28/2014 – 950 Lafayette St. – Units: 27 – Price: $3,950,000 ($174.83/SF; $146,296/Unit)*
7/29/2014 – 815 Sherman St. – Units: 20 – Price: $2,125,000 ($214.13/SF; $106,250/Unit)*

*Kyle Malnati and Greg Johnson represented FIVE out of the six transactions (84% market share) in Capitol Hill during the Summer of 2014.*

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