3328 E 13th Ave, Denver, CO 80206
Denver, CO – April 7, 2022 – Kaufman Hagan facilitated the off-market sale of The Riviera Apartments, an 17 Unit Multifamily property for $5,130,000, located at 3328 E 13th Ave.
Kaufman Hagan Broker Gunnar Wilson + Principal & Senior Advisor, Brandon Kaufman represented the Seller in this transaction. The Riviera is considered a legacy building due to its enduring historical significance in Denver.
“The Riviera is being delivered 100% vacant, at a sales price over $300,000 per unit. It is a testament to the continuously rising multifamily market in Denver.”
Gunnar Wilson, Kaufman Hagan Commercial Real Estate
For more information on this transaction or to discuss multifamily investing, please contact Gunnar Wilson at 970-306-3787 or gwilson@khcommercial.com
SALE HIGHLIGHTS
- Property Type: Multifamily
- Closed Date: April 7, 2022
- Property: The Riviera Apartments, 3328 E 13th Ave, Denver, CO 80206 | 17 Units | 21,144 SF
- Sale Price: $5,130,000
- Price/Unit: $301,765
- Price/SF: $243
- Cap Rate: Property was 100% vacant at sale
SOLD BY
Gunnar Wilson
Broker
970-306-3787 | gwilson@khcommercial.com
Brandon Kaufman
Principal + Senior Advisor
303-547-7357 | bkaufman@khcommercial.com
