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Just Sold: Converted Office Fourplex + Three-Unit Multifamily

6917 & 6955 Dahlia St, Commerce City, CO 80022

Commerce City, CO – February 28, 2022 – Kaufman Hagan Commercial Real Estate is pleased to announce the sale of two properties: 6917 & 6955 Dahlia St.

Kaufman Hagan Brokers Will Scherman & Kevin Woolsey represented the Seller in these transactions.

“These Commerce City properties were incredibly unique. One was a converted office building and they both held an uncommon zoning distinction that required an experience operator and lender to take them over. We had made sure that the buyer had strong management experience before accepting their offer. Given the price point and pro-forma cap rate, there were a lot of interested parties, but this deal shows that vetting out prospective clients is imperative when you’re working on assets that are more nuanced.”

Will Scherman, Kaufman Hagan Commercial Real Estate

For more information on this transaction or to discuss multifamily investing, please contact Will Scherman at 303-817-9325 or will@khcommercial.com.


SALE HIGHLIGHTS

  • Property 1: 6917 Dahlia St, Commerce City, CO 80022 | 3 Units
  • Property Type: Multifamily
  • Closed Date: February 28, 2022
  • Sale Price: $400,000
  • Price/Unit: $133,333
  • Cap Rate: 6.2%

  • Property 2: 6955 Dahlia St, Commerce City, CO 80022 | 4 Units
  • Property Type: Converted Office to Multifamily
  • Closed Date: February 18, 2022
  • Sale Price: $550,000
  • Price/Unit: $137,500
  • Cap Rate: 6.3%

SOLD BY


LOCATION


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