Today, Kyle Malnati and Greg Johnson of Madison Commercial Properties brokered a sale of a 12-unit apartment building in the heart of Capitol Hill at 1444 Lafayette Street. Their clients, the Sellers, consisted of a partnership of two families. They renovated the apartments and maintained all building needs, while self-managing the property for more than eight years. More information is provided below.
1444 Lafayette Street Listing Brochure
Denver Neighborhood: Capitol Hill
Address: 1444 Lafayette St. Denver, CO 80218
Sale Date: September 1, 2016
Sale Price: $2,220,000 (List Price $2,250,000)
Price/Unit: $185,000
Price/SF: $300.20
# of Units: 12
Building Size: 7,395
Lot Size: 6,250
Year Built: 1911
– Exceptional Location in Denver’s Premier Capitol Hill Neighborhood
– Two blocks from Cheesman Park
– Features include renovated kitchens & spacious walk-in closets
– Common area porches and balconies
– Bike Score = 98
– Walk Score = 86
Kyle Malnati (303-358-4250)
Greg Johnson (303-343-8333)
Madison & Company Properties
1221 S. Clarkson St. #410, Denver, CO 80210
http://www.DenverApartmentBuildingsForSale.com
kmalnati@MadisonProps.com
gjohnson@MadisonProps.com
http://www.MadisonProps.com