Calibrate Real Estate announces that Conner Piretti, Greg Johnson, and Kyle Malnati represented both the Buyers and Sellers, who are experienced Denver real estate owners, in the sale of a Denver apartment building located at 2880 Harrison Street.
This Denver apartment building has 3 units and is conveniently located near City Park with quick access to downtown and I-70. Each apartment has a reserved off-street parking space. Detailed sale information is provided below:
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Address: 2880 Harrison Street, Denver CO 80205
Sale Price: $636,000 (List Price: $625,000)
Price/Unit: $212,000
Price/SF: $254.40
# of Units: 3
Building Size: 2,500* SF
Lot Size: 10,400* SF
Year Built: 1964
*Reader to verify accuracy of square footage*
PROPERTY HIGHLIGHTS:
– Low-maintenance property ideal for owner/operator
– Great value-add opportunity; immediate upside in rents
– Conveniently located near City Park with quick access to downtown and I-70
– Reserved off-street parking for each unit
– Attached garage leased separately for additional income
– 6.1% listing CAP Rate (5.99% sold CAP rate)
Calibrate Real Estate (303) 482-2828
900 E. Louisiana Ave. #203, Denver, CO 80210
http://www.CalibrateRE.com
http:// www.DenverApartmentBuildingsForSale.com
