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Cap Hill 45-Unit Sells for $11.1 Million

The Vicinity | 1010 E 13th Ave, Denver, CO 80218

Denver, CO – August 11, 2022 – Kaufman Hagan is pleased to announce the sale of The Vicinity, a 45 unit multifamily property located in Denver for $11,100,000.

Kaufman Hagan Principal & Senior Advisor, Brandon Kaufman, along with Kaufman Hagan Broker, Will Scherman, represented both parties in this transaction.

“This was a great transaction that took a lot of teamwork and communication from all parties. The loan assumption and affordability component required full cooperation and attentiveness from everyone.

The Buyer plans to lightly renovate units and continue to improve upon what was already a successful operation.”

Brandon Kaufman, Principal & Senior Advisor, Kaufman Hagan Commercial Real Estate

For more information on this transaction or to discuss multifamily investing, please contact Brandon Kaufman at 303-547-7357 or bkaufman@khcommercial.com


SALE HIGHLIGHTS

  • Property Type: Multifamily
  • Closed Date: August 11, 2022
  • Property: The Vicinity – 1010 E 13th Ave, Denver, CO 80218 | 45 Units | 30,561 SF (includes basement)
  • Sale Price: $11,100,000
  • Price/Unit: $246,667
  • Price/SF: $363

SOLD BY

Will Scherman
Broker
303-817-9325 | will@khcommercial.com

Brandon Kaufman
Principal + Senior Advisor
303-547-7357 | bkaufman@khcommercial.com


LOCATION


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