1444 Saint Paul: Denver Multifamily Sale (Congress Park)

The Denver Apartment Buildings For Sale website announces that Kyle Malnati and Greg Johnson of Madison & Company Properties brokered the sale of another 12-unit apartment building in Congress Park today. The property is located at 1444 Saint Paul Street, Denver, CO 80206.

1444 Saint Paul Street

1444 Saint Paul Street

1444 Saint Paul St. – Old Brochure (2015)

We have provided detailed statistics regarding this sale below:
Denver Neighborhood: Congress Park
Address: 1444 Saint Paul Street, Denver, CO 80206
Sale Price: $1,705,000 (List Price: $1,700,000)
Sale Date: 7/8/2015
Price/Unit: $142,083
Price/SF: $169.52
Cap Rate: 3.26% (actual)
# of Units: 12
Unit Mix: 10-1Br/1Ba, 2-Studio
Building Size: 10,058* SF
Lot Size: 6,350* SF
Year Built: 1960
Parking Spaces: 6
Link to Denver County Assessor’s Record
*Buyer to verify accuracy of square footage*



1444 Saint Paul Street - Investment Analysis

– Exceptional Congress Park Location
– 6 Off-Street Reserved Parking Spots
– Attractive Unit Mix
– Currently Owner-Managed
– Center Corridor with Secure Entry
– Shared Laundry Facility for Tenants
– Vibrant Neighborhood with Restaurants, Markets and Entertainment within just a few blocks

Kyle Malnati (303-358-4250)
Greg Johnson (303-343-8333)
Madison & Company Properties
1221 S. Clarkson St. #300, Denver, CO 80210