SOLD: 2195-2197 S. Bannock Street (2-Units)

Calibrate Real Estate announces the sale of a 2-unit building located in Denver, at 2195-2197 S. Bannock StreetSam Bretz worked with the Seller in this successful transaction that closed in just 18 days. In the first day of the listing Calibrate received two offers and was under contract within 24 hours of marketing. Sam is working with the Seller to complete a 1031 exchange from this sale.

For more details on this sale, please see below; 

2195-2197 S. Bannock St – Marketing Brochure

Denver Neighborhood: Denver
Address: 2195-2197 S. Bannock Street, Denver CO 80223
Sale Date: 1/7/2020
Sale Price: $412,500
Price/Unit: $206,250
Price/SF of Lot: $66/sf
# of Units: 2
Building Size: 1,360 SF*
Lot Size: 6,250 SF*
Year Built: 1979
*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 $600/Month
2: 1Br/1Ba $550/Month

INVESTMENT HIGHLIGHTS:
– Seller is conveying the Property to Buyer in an “As Is” condition, “ Where Is” and “With All Faults”
– Prime Scrape & Redevelopment Opportunity
– 6,250 sqft Lot with rare U-RH-2.5 Zoning
– Surrounded by New Builds

Sam Bretz
Sam@CalibrateRE.com | 303.594.3252

Calibrate Real Estate (303) 482-2828
2425 S. Colorado Blvd. #250, Denver, CO 80222
http://www.CalibrateRE.com
http://www.DenverApartmentBuildingsForSale.com

Leave a Reply