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Value Add 6-Unit in Longmont Sells for $212.5k/door

826 Emery St, Longmont, CO 80501

Longmont, CO – July 1, 2022 – Kaufman Hagan facilitated the sale of 826 Emery St, a 6 Unit Multifamily property located in Longmont for $1,275,000.

Kaufman Hagan Principal & Senior Advisor, Brandon Kaufman, along with KH Broker, Will Scherman, represented both the Buyer and Seller in this transaction.

“The Buyer was drawn to the large townhome style units and the ability to add value through cosmetic upgrades. The location is second to none in Longmont, one block off Main Street.

The Buyer plans on adding washer and dryers in each unit and upgrading community areas.”

For more information on this transaction or to discuss multifamily investing, please contact Brandon Kaufman at 303-547-7357 or bkaufman@khcommercial.com


SALE HIGHLIGHTS

  • Property Type: Multifamily
  • Closed Date: July 1, 2022
  • Property Address: 826 Emery St, Longmont, CO 80501 | 6 Units | 5,500 SF
  • Sale Price: $1,275,000
  • Price/Unit: $212,500
  • Price/SF: $232
  • Cap Rate: 4.32%

SOLD BY

Will Scherman
Broker
303-817-9325 | will@khcommercial.com

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


LOCATION


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