Just Sold: 12-Unit Multifamily Property in Denver, CO Sells for $2,595,000

Denver, CO, April 16, 2020 – AQYRE Real Estate Advisors is pleased to announce the sale of a 12-unit apartment building, located at 1325 Madison Street in Denver, Colorado for $2,595,000.

“This seasoned Denver investor has been looking for an asset like this for some time. Despite COVID-19 he is very enthusiastic about the future and is confident this property and Denver will thrive,” according to Matt Lewallen, AQYRE Real Estate Advisors.

Transaction Brokers Matt Lewallen and Kevin Calame worked with the sellers as well as the buyers to a successful close.

For more information on this investment or current market conditions, contact Matt Lewallen at 720.738.1940 or Matt@AQYRE.com.

SALE HIGHLIGHTS

• Property Addresses: 1325 Madison St., Denver, CO 80206
• Sale Price: $2,595,000
• Sale Date: 04.13.2020
• Unit Mix: 11-1Bd/1Ba & 1-Studio
• Sale Price/Unit: $216,250
• Sale Price/SF: $315

PROPERTY HIGHLIGHTS

• Excellent location near 12th and Madison retail
• Majority of units have been renovated
• Significant exterior capital improvements
• Central hallway

About AQYRE Real Estate Advisors

We’re a collection of experienced real estate brokers committed to relationships built on results. We share a belief that our client’s goals take priority over our transaction results and we’ve been rewarded with long-term relationships with investors who trust us. As a brokerage, we are committed to remaining a small firm with high caliber individuals allowing investors more access to experienced advisors – we stress quality over quantity. We aren’t defined by our individual success, we are defined by the success of investors who we are fortunate to call clients.