SOLD: 234 Logan Street (12-UNITS)

· by · in Commercial Properties Sold, Home. ·

Calibrate Real Estate announces the sale of an 12-unit apartment building located in the West Washington Park neighborhood, at 234 Logan Street. Greg Johnson & Conner Piretti worked with the Seller and Buyer in this transaction. 

The Seller originally purchased the property in 2007 for $840,000.  During his ownership, the building’s value increased over $10,000 per month – – the money he made from appreciation exceeded the rents he collected every month for 12 years!

For more details on this transaction, please see below: 

234 Logan Street – Marketing Brochure

Denver Neighborhood: West Washington Park
Address: 234 Logan Street, Denver, CO 80203
Sale Date: 5/24/19
Sale Price: $2,325,000
Price/Unit: $193,750
Price/SF: $325.36
# of Units: 12
Building Size: 7,146 SF*
Lot Size: 6,250 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: 1Br/1Ba $1,100/Month
2: 1Br/1Ba $1,175/Month
3: 1Br/1Ba $1,140/Month
4: Studio $980/Month
5: 1Br/1Ba $1,120/Month
6: 1Br/1Ba $1,080/Month
7: VACANT 
8: 1Br/1Ba $1,060/Month
9: 1Br/1Ba $1,125/Month
10: 1Br/1Ba $960/Month
11: VACANT
12: 1Br/1Ba $1,120/Month

 
PROPERTY HIGHLIGHTS:
– A+ Location in West Washington Park
– Extensive Renovations and Updates Throughout
– Self-Managed with Pride of Ownership
– New Roof in 2016
– Five Off-Street Parking Spaces

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