SOLD: 1130 Downing Street (4 Units)

Calibrate Real Estate announces the sale of a 4-unit building located in Denver, CO, at 1130 Downing StreetThe Johnson-Piretti Team represented the Seller and received multiple offers in the first week of marketing. This was the 7th successful transaction with the Seller who is an active apartment renovator in Central Denver. Kyle Malnati & Sam Bretz worked with the Buyer in this transaction who is a new Denver Investor. 

For more details on this sale, please see below; 

1130 Downing St – Marketing Brochure

Denver Neighborhood: Cheesman Park 
Address: 1130 Downing Street, Denver CO 80218
Sale Date: 6/27/2019
Sale Price: $1,050,000
Price/Unit: $262,500
Price/SF: $377.97
# of Units: 4
Building Size: 2,778 SF*
Lot Size: 4,690 SF*
Year Built: 1892
*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 $1,500/Month
2: VACANT
3: 1Br/1Ba $1,410/Month
4: 1Br/1Ba $1,635/Month

INVESTMENT HIGHLIGHTS:
– Amazing Cheesman Park location
– Beautifully renovated units with new cabinets, granite countertops, stainless steel appliances, and exposed brick details.
– 2 in unit washer/dryers
– 2 garages and 2 off street parking spaces
– 5.6% current cap rate 

 

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Calibrate Real Estate
(303)-482-2828 | Info@CalibrateRE.com

Calibrate Real Estate
900 E. Louisiana Ave. #203, Denver, CO 80210
http://www.CalibrateRE.com
http://www.DenverApartmentBuildingsForSale.com

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