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 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*

PROPERTY HIGHLIGHTS:
– 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
http://www.DenverApartmentBuildingsForSale.com
kmalnati@MadisonProps.com
gjohnson@MadisonProps.com
http://www.MadisonProps.com