2019Q3: 1960s’ Center Hallway Buildings: A Case Study
Searching for a Central Denver trendline within the past two years, we decided to research three 1960’s center hallway buildings sold by Calibrate Real Estate. Why?
Tag Archives: Apartment Buildings For Sale Denver
2019Q3: $200k Per Door is not Automatic
Central Denver appears to be headed for another record year of apartment sales prices. To many observers it might seem that nearly everything is selling for $200,000+ per door; but are they really?
SOLD: 1452 Detroit Street (5-Units)
Calibrate Real Estate is excited to announce the sale of a 5-unit apartment building at 1452 Detroit Street in the Congress Park Neighborhood. Conner Piretti & Greg Johnson represented the Seller in this transaction.
MONTHLY LEASING UPDATE: September
Calibrate is proud to be your resource for consistent and outstanding tenants, because your hard earned investment properties deserve the best! Below is our SEPTEMBER monthly update of recently leased properties in the Denver Metro Area:
2019Q2: Lower Interest Rates Help Prop Up The Market
Denver’s apartment market has been on the rise for nearly a decade. That run has some investors worried that we are now “late in the cycle”, anticipating that an inevitable downturn is on the horizon. However, there are several reasons to believe that the market will continue to push ahead.
2019Q2: Rent & Vacancy Results Reflect Healthy Market
Encouraging news was published in late July within the Apartment Association of Metro Denver’s 2nd Quarter Vacancy & Rent Report.
2019Q1: Higher Property Tax Assessments Coming in May
Brace yourselves – – new property tax assessments will be mailed the first week of May. Every two years the Denver County Assessor’s Office sends out their new valuation notices to property owners. Once again, we expect assessments will be higher than two years ago for most apartment owners in Central Denver.
#61: From Poverty to Prosperity
Born in Mexico to immigrant agricultural laborers, Tony Ayon‘s family moved to a small town outside of Bakersfield California to star a new life working in a labor camp. Living […]
2018Q4 Central Denver Multifamily Sales Comps
Calibrate Real Estate published it’s 2018Q4 report provides insight on the direction of the Central Denver apartment sales market and recaps transactions that have occurred since our last newsletter was published.
2018Q4: Sale Prices Plateau for First Time Since 2011
After six years of steady growth, in 2018 the Central Denver apartment market flattened out. Nearly 1,000 units were sold in 34 transactions, and the average price per unit was $182,938, a slight decrease from 2017’s average of $185,316.