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?
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?
Calibrate Real Estate is excited to announce the Sale of a Industrial Flex Space at 14883 E. Hinsdale Avenue, Unit B. Calibrate worked with the Seller in this commercial transaction.
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.
Encouraging news was published in late July within the Apartment Association of Metro Denver’s 2nd Quarter Vacancy & Rent Report.
Calibrate Real Estate is excited to announce the lease of a modified gross lease at 3900 E. Mexico Ave. Calibrate worked with the Tenant in this transaction who will be using the space for medical purposes.
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.
Calibrate Real Estate is excited to announce the sale of a NNN Lease property at 4125 W. Pike in Zanesville, OH. Calibrate worked with the Buyer in this transaction to complete the requirements of a 1031 Exchange.
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Calibrate Real Estate is excited to announce the sale of a NNN Lease property at 1805 S. Defiance in Archbold, OH. Calibrate worked with the Buyer in this transaction to complete the requirements of a 1031 Exchange.