Value Add 10-Unit in Wheat Ridge Sells for $2M

6761 W 37th Pl, Wheat Ridge, CO 80033

Wheat Ridge, CO – October 2, 2023 – Kaufman Hagan is pleased to announce the sale of the Rockraven Apartments at 6761 W 37th Pl, an attractive 10-unit building in the heart of Wheat Ridge for $2,000,000.

Kaufman Hagan Brokers, Brandon Kaufman & Colby Constantine proudly represented the Seller in this transaction.

“6761 W 37th is a half renovated 10-unit apartment building in a prime Wheat Ridge location just blocks from all the restaurants and retail that 38th St has to offer. Kaufman Hagan ran a full marketing campaign resulting in multiple offers. After 21 days on the market, the long-term owner accepted an all-cash offer at a 5.74% cap rate.”

Colby Constantine, Broker, Kaufman Hagan Commercial Real Estate

For more information on this transaction or to discuss multifamily investing, please contact Brandon Kaufman at 303-547-7357 | bkaufman@khcommercial.com and Colby Constantine at 720-822-0029 | colby@khcommercial.com.


SALE HIGHLIGHTS

  • Property Type: Multifamily
  • Closed Date: October 2, 2023
  • Property: 6761 W 37th Pl, Wheat Ridge, CO 80033
  • Sale Price: $2,000,000
  • # Units: 10
  • Price/Unit: $200,000
  • GBA: 9,600 SF
  • Price/SF: $208.33
  • Cap Rate: 5.74%

SOLD BY

Brandon Kaufman
Principal + Senior Advisor
303-547-7357 | bkaufman@khcommercial.com


LOCATION


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