2017 Q3 Central Denver Multifamily Sales Comps

Calibrate Real Estate, in conjunction with the Denver Apartment Buildings for Sale website, published it’s 3rd Quarter newsletter for 2017. 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 (6/1/2017-9/1/2017). We have compiled the CoStar sales comps in Central Denver that include multifamily and 5+ units. Details below:


Row 1 (Left to Right):
833 Emerson Street sold for $3,750,000 ($187,500/Unit)
1515 Clermont Street sold for $4,500,000 ($125,000/Unit)
849 Washington Street sold for $832,000 ($166,400/Unit)
1314 Elizabeth Street sold for $2,100,000 ($233,333/Unit)

Row 2 (Left to Right):
45-75 S. Washington Street sold for $12,500,000 ($164,286/Unit)
156 W. Ellsworth Avenue sold for $1,356,000 ($113,000/Unit)
1234 York Street sold for $635,000 ($90,714/Unit)
1258 Marion Street sold for $2,650,000 ($220,833/Unit)

Row 3 (Left to Right):
1996 S. University Street sold for $2,564,000 ($160,250/Unit)
1295 Race Street sold for $6,750,000 ($107,273/Unit)
1620-1632 Emerson Street sold for $1,550,000 ($310,000/Unit)
101 Logan Street sold for $1,175,000 ($235,000/Unit)

Row 4 (Left to Right):
1535-1537 Gaylord Street sold for $1,195,000 ($170,714/Unit)
1350 Ogden Street sold for $1,625,000 ($203,125/Unit)
1412-1424 E. 10th Avenue sold for $2,925,000 ($243,740/Unit)
253-263 Grant Street sold for $5,200,000 ($192,592/Unit)


Calibrate Real Estate
900 East Louisiana Avenue #203, Denver, CO 80210