Denver, CO, August 11th, 2020 – AQYRE Real Estate Advisors is pleased to announce the sale of an 8-unit multifamily property, located at 3435 W 4th Avenue, Denver, Colorado for $1,373,500.
Due to the fire that took place last year, the interior of the building was fully renovated including new electric and plumbing. In turn, this was a great opportunity for the buyer to own a quality asset that operates like a brand-new building and the seller to get an attractive price.” – Dan Hawthorne, Advisor with AQYRE REA.
Listing brokers Dan Hawthorne & Jack Sherman represented the seller while Kevin Calame and Matt Lewallen represented the buyer.
For more information on this investment or current market conditions, contact Dan Hawthorne at 720-738-1941 or Dan@AQYRE.com.
Investment Type: Multifamily
Building Size: 4,874 SF
Address: 3435 W 4th Ave, Denver CO 80204
Units: 8
Sold Price: $1,373,500
Price/Unit: $171,687
Price/SF: $282
Year Built: 1972
Parking: Street
PROPERTY HIGHLIGHTS
- All new electric
- New plumbing (Pex Pipe)
- New flooring, cabinets, carpet & walls
- Roof was replaced in 2018 and a portion of it was repaired this year from the fire
- New fence
- New water heaters and furnaces
- New landscaping with minimal upkeep
- Convenient location near Barnum Park with easy access to 6th Avenue
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