Calibrate Real Estate has closed their third sale this month, this time with a long time client spanning a relationship that started over 15 years ago! In the past Kyle has helped them with the purchase and sale of several multifamily and office properties. This most recent sale of a 13 unit office building helped the seller realize a 128.6% profit on the sale in only 3 years! This is a prime example that you can quickly add value to your property and reap the rewards. And as always, it was a pleasure to help the Seller on yet another successful transaction!
Calibrate represented the Seller and worked with the Buyer as a Customer.
Kyle Malnati and Zack Jenkins with a very happy Seller after signing closing documents on the sale of 1330 N. Logan St. This is the 6th successful transaction Kyle has had with the Seller, totaling over $22,325,000!
List Price: $1,200,000
- CAP Rate: 8.46%
- Turnkey Office Building
- 13 Offices, 3 Bathrooms and 1 Kitchen
- Off-Street Parking: 3 Surface Spaces In Back of Building
- Coveted Central Denver Location
- Year Built: 1898, Renovated in 2020
- Building Size: 3,611 SF*
- Lot Size: 3,120 SF*
*Reader to confirm all Square Footage. Data was used from public records