SOLD: 1453 Williams Street (8-UNITS)

Calibrate Real Estate announces the sale of an 8-unit apartment building located in the Cheesman Park neighborhood, at 1453 Williams Street. Greg Johnson & Conner Piretti worked with the Seller in this transaction, who is a repeat client of theirs. This Cheesman property underwent extensive renovations during the Seller’s ownership and has a desirable mix of studio and one-bedroom units. 

For more details on this transaction, please see below: 

1453 Williams Street – Marketing Brochure

 

Denver Neighborhood: Cheesman Park 
Address: 1453 Williams Street, Denver, CO 80218
Sale Date: 3/25/19
Sale Price: $1,255,000
Price/Unit: $156,875
Price/SF: $307.07
# of Units: 8
Building Size: 4,087 SF*
Lot Size: 5,000 SF*
Year Built:1902
*Reader to verify accuracy of square footage. Square footage data was obtained from Denver County Assessor’s website.*

UNIT BY UNIT RENT ROLL:
1: 1Br/1Ba $1,310/Month
2: Studio $1,035/Month
3: Studio $920/Month
4: 1Br/1Ba $1,195/Month
5: Studio $1,090/Month
6: 1Br/1Ba $750/Month
7: 1Br/1Ba $1,350/Month
8: Studio $990/Month

 
PROPERTY HIGHLIGHTS:

– Amazing Location in Central Denver
– Extensive Renovations in Majority of Units
– Desirable Mix of Studio and One Bedroom Units
– Attractive Property with Rental Upside
– Two Off-Street Parking Spaces
– 6.1% CAP Rate for Owner/Operator 

 

Logo 2

 

 

                                                   Greg Johnson & Conner Piretti                                                                                        Greg@CalibrateRE.com | Conner@CalibrateRE.com                           303.810.1328 | 303.818.1805

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