1320 Vine: Denver Apartment Building Sale (Cheesman Park)

This transaction had a special meaning for me as the Sellers were one of my first clients as a rookie REALTOR. Its very gratifying when a past client chooses to work with me again… especially when they’re clients from that long ago,” commented Kyle Malnati. He originally sold 1320 Vine Street to the out-of-state partnership when they purchased the property in 2006 for $646,500. “This was our 4th closed transaction with the Buyers in 2014! We have helped them grow their multifamily investments in Denver with the addition of 37 units to their portfolio this year,” remarked Greg Johnson.

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Denver Apartment Building SOLD by Kyle Malnati – Booker T. Washington Apartments

Denver Apartment Building SOLD by Kyle Malnati

FOR IMMEDIATE RELEASE – 3/12/2012

KYLE MALNATI – PRINCIPAL FOR MADISON COMMERCIAL PROPERTIES, LTD – IS PROUD TO ANNOUNCE THE FOLLOWING APARTMENT BUILDING SALE IN DENVER:

ADDRESS: 407-455, 422-444 29th Street
Denver, CO 80205
PRICE: $1,500,000
SALE DATE: 3/12/2012
PRICE/UNIT: $45,454/unit
PRICE/SF: $78.71/SF
UNIT MIX: 18 – 1Br/1Ba
12 – 2Br/1Ba
3 – 3Br/1Ba

Kyle Malnati, Owner/Principal of Madison Commercial Properties, LTD in Denver, was the only Broker involved in the transaction.

SPECIAL THANKS TO:
LENDER: Ryan Cowles & Chris Waters – Steele Street Bank & Trust
TITLE: Leigh Renfro & Sean Bennetts – Land Title Guarantee Company

For more information on this apartment building sale in Denver or other Colorado commercial real estate transactions please contact Kyle Malnati at 303-771-3850 or kmalnati@madisonprops.com.

http://www.DenverApartmentBuildingsForSale.com
http://www.madisonprops.com/madisoncommercial.html
http://www.madisonprops.com

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