2018Q4 Central Denver Multifamily Sales Comps

Calibrate Real Estate, in conjunction with the Denver Apartment Buildings for Sale website, published it’s 4th 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 (10/1/18-12/31/18). We have compiled the CoStar sales comps in Central Denver that include multifamily and 5+ units. Details below:

Row 1 (Left to Right):
1412 Steele Street sold for $13,250,000 ($265,000/Unit)
1234 York Street sold for $1,200,000 ($200,000/Unit)
2805 E. 16th Avenue sold for $2,430,376 ($186,944/Unit)
1432 Pennsylvania Street sold for $2,375,000 ($296,875/Unit)

Row 2 (Left to Right):
1247 Clarkson Street sold for $930,000 ($155,000/Unit)
1263 Clarkson Street sold for $875,000 ($125,000/Unit)
777 Ash Street sold for $5,150,000 ($190,741/Unit)
1530 Pearl Street sold for $2,104,000 ($150,286/Unit)

Row 3 (Left to Right):
1285 Clarkson Street sold for $4,400,000 ($176,000/Unit)
960 Pearl Street sold for $2,900,000 ($181,250/Unit)
1750 Pearl Street sold for $2,175,000 ($167,308/Unit)
611 E. 11th Avenue sold for $4,290,000 ($158,889/Unit)

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