560-570 Garfield St: Rare Cherry Creek Sale $280,000/unit

· by · in Commercial Properties Sold, Home. ·

The Denver Apartment Buildings For Sale website announces that Kyle Malnati and Greg Johnson of Madison Commercial Properties brokered a sale the a 5-unit apartment building at 560 Garfield Street. Kyle and Greg generated multiple offers for the property. Despite it’s development potential, the new owner plans to continue to operate the property as apartments. Details here:

new roof front 2012

560-570 Garfield SOLD Sign

560-570 Garfield St. Brochure

Address: 560-570 Garfield St., CO 80206
Price: $1,400,000
Price/Sqft: $263.50
Price/Unit: $280,000
# of Units: 5
Building Size: 5,313
Lot Size: 12,500
Year Built: 1953
Unit mix of: 3 Bed/2 Bath, 2 Bed/1 Bath, and 1 Bed/1 Bath

Screen Shot 2016-02-18 at 5.03.53 PMScreen Shot 2016-05-23 at 3.10.13 PMScreen Shot 2016-02-18 at 5.04.12 PM

368560 kitchen
3706 LR-DR
3712 courtyard

Property Highlights:
~ Great location in Denver’s Cherry Creek neighborhood
~ 5 units with a 4-car garage
~ Lot size: 12,500 sqft. w/ future development opportunity
~ Turn-key condition
~ Unit mix of 1, 2 & 3 bdrms

Kyle & Greg - no background 2016 photo
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