The Denver Apartment Buildings For Sale website announces that Kyle Malnati and Greg Johnson of Madison Commercial Properties brokered a sale of an 17-unit apartment building minutes from downtown Denver at 41 S. Lincoln Street. More information is provided below:
41 S. Lincoln St. Old Brochure
Address: 41 S. Lincoln St. Denver, CO 80209
Price: $2,500,000
Price/Unit: $147,059
Price/SF: $280.21
# of Units: 17
Building Size: 8,922
Lot Size: 6,250
Year Built: 1964
*Buyer to verify accuracy of square footage*
PROPERTY HIGHLIGHTS:
– 5.8% CAP Rate
– 7 of 17 units renovated
– 5 Off-Street Parking Spaces
– One bedroom apartments
– Exceptional location just minutes from Downtown Denver
– Walk Score = 95
– Bike Score = 83
Greg Johnson (303-343-8333)
Kyle Malnati (303-358-4250)
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