Fort Collins 4-Plex Just Sold for $271K/Unit

1628 E. Pitkin Street, Fort Collins, CO 80524

Fort Collins, CO – May 31, 2022 – Kaufman Hagan facilitated the sale of 1628 E. Pitkin Street, a 4 Unit Multifamily property located in Fort Collins for $1,085,000.

Kaufman Hagan Broker, Kevin Woolsey, represented the Seller in this transaction.

“This property is a 4 unit townhome style property with two 3 bedroom, 1.5 bathroom units and two 2 bedroom, 1.5 bathroom units. There is a reliably consistent tenant base as this property is located less than 2 miles from the campus of Colorado State University.”
Kevin Woolsey, 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 kwoolsey@khcommercial.com

SALE HIGHLIGHTS

Property Type: Multifamily
Closed Date: May 31, 2022
Property: 1628 E. Pitkin Street, Fort Collins, CO 80524 | 4 Units | 4,500 SF
Sale Price: $1,085,000
Price/Unit: $271,250
Price/SF: $1,085,000
Cap Rate: 5.18%