Just Sold: AQYRE Brokers Sale of Jersey Apartments for $4.9M

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%

Location

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