Completely Renovated Highlands 5-Plex Sells for Record $304,000/Unit

2821 Federal Blvd, Denver CO 80211

Denver, CO – March 15, 2023 – Kaufman Hagan is pleased to announce the sale of 2821 Federal Blvd, a fully renovated 5 unit multifamily property located in Denver for $1,520,000.

Kaufman Hagan Brokers, Kevin Woolsey & Colby Constantine represented the Buyer & Seller in this transaction.

“The property includes five one-bedroom, one-bathroom units, offering a rare opportunity to own a property, completely updated with high-end finishes, in the Highlands. The property boasts brand new roofs, 200-amp panels, flooring, cabinets, quartz countertops, tile in bathrooms, stainless steel appliances, and new solar panels with a lifetime warranty. Additionally, the property features new landscaping, fences, and exterior lighting fixtures.

The location of the property is unbeatable, situated at the corner of three of Denver’s most sought after urban neighborhoods: The Highlands, Sloan’s Lake, and Jefferson Park.”

Kevin Woolsey, Broker, Kaufman Hagan Commercial Real Estate.

For more information on this transaction or to discuss multifamily investing, please contact Kevin Woolsey at 303-990-4361 or or Colby Constantine at Colby Constantine at 720-822-0029 or


  • Property Type: Multifamily
  • Closed Date: March 15, 2023
  • Sale Price: $1,520,000
  • Property Address: 2821 Federal Blvd, Denver CO 80211
  • Units: 5
  • Price/Unit: $304,000
  • GBA: 3,444 SF
  • Price/SF: $441
  • NOI: $109,676
  • Cap Rate: 7.21%




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