SOLD: 143 W. Powers Circle (23 Units)

· by · in Commercial Properties Sold, Home. ·

Calibrate Real Estate announces the sale of a 23-unit building located in Littleton, CO, at 143 W. Powers Circle. Kyle Malnati worked with the Seller and the Buyer in this transaction. This rare investment opportunity in Littleton features an attractive mix of 2 Bedroom, 1 Bedroom, and Studios with off-street parking for tenants.

Kyle Malnati represented the Seller when they originally purchased the property for $1,361,823.50 as well as 6 years later when they sold for a profit of $1,568,176.50; a 471% return on their initial investment!

For more details on this sale, please see below; 

143 W. Powers Circle – Marketing Brochure

Denver Neighborhood: Littleton
Address: 143 W. Powers Circle, Littleton CO 80120
Sale Date: 1/07/19
Sale Price: $2,930,000.00 
Price/Unit: $127,391.30
Price/SF: $145.55
# of Units: 23
Building Size: 20,130 SF*
Lot Size: 17,424 SF*
Year Built: 1961
*Reader to verify accuracy of square footage. Square footage data was obtained from Denver County Assessor’s website.*

UNIT BY UNIT RENT ROLL:
1: 2Br/1Ba $830/Month
2: 2Br/1Ba $850/Month
3: 1Br/1Ba $775/Month
4: 2Br/1Ba $840/Month
5: 2Br/1Ba $815/Month
6: Studio $750/Month
7: 1Br/1Ba $785/Month
8: 2Br/1Ba $820/Month
9: 2Br/1Ba $815/Month
10: Studio VACANT
11: 1Br/1Ba $650/Month
12: 2Br/1Ba $820/Month
13: 2Br/1Ba $820/Month
14: Studio $775/Month
15: 1Br/1Ba $890/Month
16: 2Br/1Ba $815/Month
17: 2Br/1Ba $1,135/Month
18: Studio $800/Month
19: 1Br/1Ba $710/Month
20: 2Br/1Ba $825/Month
21: 2Br/1Ba $810/Month
22: Studio $650/Month
23: 1Br/1Ba $760/Month

 
PROPERTY HIGHLIGHTS:
– Rare, Littleton Investment Opportunity
– Near Historic Downtown Littleton, Light Rail, and Buck Recreation Center
– Great Unit Mix: (12) 2Br, (6) 1Br, and (5) Studios
– Quick Access to both Broadway and Santa Fe
– Nearby Businesses: Wells Fargo, CarMax, and Chipotle
– 18 Off-Street Parking Spaces for Tenant Use

KM Cropped 2018

Kyle Malnati
303-358-4250 | Kyle@CalibrateRE.com

Calibrate Real Estate (303) 482-2828
900 E. Louisiana Ave. #203, Denver, CO 80210
http://www.CalibrateRE.com
http://www.DenverApartmentBuildingsForSale.com