Denver, CO, September 25th, 2020 – AQYRE Real Estate Advisors is pleased to announce the sale of a 26-unit apartment building, located at 1465 Jersey Street in Denver, Colorado for $4,910,000.
Principals Joe Hornstein and Scott Fetter (AQYRE) represented the seller.
“The sellers received an unsolicited offer to sell the property off-market and we were able to help them accomplish their desired results without having to mass market the property due to their concerns associated with COVID-19 pandemic,” Hornstein said.
For more information on this investment or current market conditions, contact Joe Hornstein, AQYRE Real Estate Advisors, at 720-738-1944 or Joe@AQYRE.com.
SALE HIGHLIGHTS
- Address: 1465 Jersey Street, Denver, CO 80220
- Price: $4,910,000
- Number of Units: 29
- Price Per Unit: $169,310
- Building Size: 21,815 SF (per measurement, not assessor)
- Price/SF: $225
- Current Cap: 5.4%