SOLD: 2465 S. Gaylord Street (17 Units)

Calibrate Real Estate announces the sale of an 17-unit apartment building located in the DU neighborhood, at 2465 S. Gaylord Street. Greg Johnson & Conner Piretti worked with the Buyer in this transaction.

A cash offer and expedited due diligence period allowed this sale to close in less than a month. This was our 3rd successful transaction with this client in 2019. This fully-renovated property, located one block from the DU campus, is an ideal investment for our client. 

For more details on this transaction, please see below: 

Denver Neighborhood: DU
Address: 2465 S. Gaylord Street, Denver, CO 80210
Sale Date: 12/20/2019
Sale Price: $3,525,000
Price/Unit: $207,352
Price/SF: $303.46
# of Units: 17
Building Size: 11,616 SF*
Lot Size: 11,875 F*
Year Built: 1957
*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 $1,435/Month
2: 1Br/1Ba $1,150/Month

3: 1Br/1Ba $1,123/Month

4: 2Br/1Ba $1,435/Month

5: VACANT

6: 1Br/1Ba $1,175/Month

7: 1Br/1Ba $1,130/Month

8: 2Br/1Ba $1,423/Month

9: 2Br/1Ba $1,423/Month

10: 1Br/1Ba $1,15/Month

11: 1Br/1Ba $1,160/Month

12: 2Br/1Ba $1,375/Month

13: 2Br/1Ba $1,461/Month

14: 1Br/1Ba $1,212/Month

15:
1Br/1Ba $1,194/Month
16: 2Br/1Ba $1,372/Month

17: 2Br/1Ba $1,252/Month

 
PROPERTY HIGHLIGHTS:

– Turnkey Multifamily Asset – Fully Renovated
– Upside available in rents
– Mix of 1’s and 2’s
– Property located 2 blocks south of University of Denver in a rapidly growing neighborhood
– 5.8 Miles south of Downtown Denver

 Greg Johnson & Conner Piretti 
Greg@CalibrateRE.com | Conner@CalibrateRE.com
303.810.1328 | 303.818.1805
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Calibrate Real Estate (303) 482-2828
2425 S. Colorado Blvd. #250, Denver, CO 80222
http://www.CalibrateRE.com
http://www.DenverApartmentBuildingsForSale.com

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