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

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%

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