1465 Jersey St, Denver, CO 80220
Denver, CO – July 22, 2022 – Kaufman Hagan facilitated the sale of Jersey Apartments, a 29 Unit Multifamily property located in Denver for $7,000,000.
“Jersey Apartments is a beautiful 3 story property with a tremendous unit mix and off street covered parking. Its Montclair location, recent cap-ex upgrades & superior management by Cornerstone made it an attractive investment for the Buyer; who will make various cosmetic upgrades to capture market increases in rent due to the areas growth. The sale process went smoothly, and was facilitated on both sides by Kaufman Hagan Commercial Real Estate.”Brandon Kaufman, 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 email@example.com.
- Property Type: Multifamily
- Closed Date: July 22, 2022
- Property Address: 1465 Jersey St, Denver, CO 80220 | 29 Units | 22,916 SF
- Sale Price: $7,000,000
- Price/Unit: $241,379
- Price/SF: $306
- Cap Rate: 4.3%