Madison Commercial Properties, Ltd., published it’s 3rd Quarter newsletter for 2016. The purpose of this newsletter is to provide insight on the direction of the Central Denver apartment sales market and to recap the transactions that have occurred since our last newsletter was published. These transactions occurred within (6/1/2016-9/1/2016). We have compiled the CoStar sales comps in Central Denver that include multifamily and 4+ units. Details below:

Row 1 (Left to Right):
1444 Lafayette St. $2,220,000 ($185,000/Unit)
2456 S. York St. $950,000 ($118,750/Unit)
1434 Corona St. $829,000 ($165,800/Unit)
1170 Logan St. $4,942,900 ($126,741/Unit)

Row 2 (Left to Right):
833 Dexter St. $3,900,000 ($195,000/Unit)
2455 S. Gaylord St. $1,925,000 ($192,500/Unit)
2210 S. Dexter St. $997,500 ($166,250/Unit)
1328 Corona St. $1,575,000 ($157,500/Unit)

Row 3 (Left to Right):
1001-1055 Sherman St. $28,426,728 ($154,378/Unit)
1415 Cook St. $1,925,000 ($128,333/Unit)
800 Pennsylvania St. $34,500,000 ($177,835/Unit)
3520-3522 E. 17th Ave. $975,000 ($162,500/Unit)

Row 4 (Left to Right):
1000 Lincoln St. $5,098,272 ($154,493/Unit)
30 Pearl St. $2,325,000 ($193,750/Unit)
1705 Franklin St. $7,293,706 ($155,185/Unit)
1554 Logan St. $3,706,294 ($123,543/Unit)

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