2018 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 2018. 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 (7/1/18-9/30/18). We have compiled the CoStar sales comps in Central Denver that include multifamily and 5+ units. Details below:

Row 1 (Left to Right):
1915 Sherman Street sold for $4,164,303 ($118,980/Unit)
1306 Elizabeth Street sold for $2,350,000 ($195,833/Unit)
1000 E. 9th Avenue sold for $1,090,000 ($218,000/Unit)
1218 N. Clarkson Street sold for $1,382,000 ($197,429/Unit)

Row 2 (Left to Right):
66 S. Clarkson Street sold for $2,740,000 ($228,333/Unit)
77 S. Ogden Street sold for $16,500,000 ($242,647/Unit)
2441 S. York Street sold for $3,100,000 ($182,353/Unit)
1451-1459 Detroit Street sold for $6,500,000 ($175,676/Unit)

Row 3 (Left to Right):
1671 Washington Street sold for $2,576,316 ($111,840/Unit)
1560 Downing Street sold for $5,750,000 ($191,667/Unit)
1205 Washington Street sold for $4,095,000 ($117,000/Unit)
1651 Washington Street sold for $4,463,381 ($123,982/Unit)
Calibrate Real Estate
900 East Louisiana Avenue #203, Denver, CO 80210