Denver, CO – December 28, 2020 –AQYRE Real Estate Advisors, LLC is pleased to announce the sale of 1721 N. Marion Street in Denver, CO.
Principals Scott Fetter & Joe Hornstein (AQYRE) represented the Seller & Buyer.
“The property was sold at the end of a lengthy master lease with a non profit tenant that chose to move to a larger building. The buyer will renovate the building and lease as apartment units. The timing will allow him to make renovations as he sees fit while purchasing the property to complete a 1031 exchange. The location of the asset, paired with its high quality of construction and extensive curb appeal will provide the buyer a valuable asset for years to come.” – Scott Fetter, AQYRE Real Estate Advisors.
For more information on this investment or current market conditions, please contact Scott Fetter at AQYRE Real Estate Advisors at 720-738-1945 or Scott@NorthPeakCRE.com.
SALE HIGHLIGHTS
Address: 1721 N. Marion Street | Denver, CO 80218,
Number of Units: 6
Property SF: 9,875 SF
Sale Price: $2,237,500
Price Per Unit: $372,917
Price Per SF: $227
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