7180-7186 Stuart St, Westminster, CO
Westminster, CO – August 24, 2022 – Kaufman Hagan is pleased to announce the sale of 7180-7186 Stuart St, a four-unit multifamily property located blocks from RTD’s Westminster Light Rail Station for $890,000.
Kaufman Hagan Broker, Andrew Vollert represented the Seller in this transaction.
“This well-located investment, just blocks from the Westminster Light Rail Station, sold quickly and for full price. The owner, an out-of-state investor, held the asset for 18 years.
The buyer plans to renovate two of the four units and bring rents up to market. Once stabilized, the deal will be above a 6% cap.”
Andrew Vollert, Kaufman Hagan Broker
For more information on this transaction or to discuss multifamily investing, please contact Andrew Vollert at 650-740-9570 or avollert@khcommercial.com
SALE HIGHLIGHTS
- Property Type: Multifamily
- Closed Date: August 24, 2022
- Property: 7180-7186 Stuart St, Westminster, CO 80221 | 4 Units | 3,082 SF
- Sale Price: $890,000
- Price/Unit: $222,500
- Price/SF: $289
SOLD BY
Andrew Vollert
Broker
650-740-9570 | avollert@khcommercial.com
