Denver, CO – January 5, 2020 – AQYRE Real Estate Advisors, LLC is pleased to announce the sale of Warren Park Apartments in Denver, CO.
Principals Joe Hornstein, Scott Fetter, Kevin Calame and Matt Lewallen (AQYRE) represented both sides in this transaction.
“The Sellers owned the property for almost two decades, which is rare these days. The buyer recognized the opportunity to run the building much more efficiently and realize a better than market investment return and was able to obtain max leverage Freddie Mac debt at attractive terms.” – Joe Hornstein, AQYRE Real Estate Advisors.
For more information on this investment or current market conditions, please contact Joe Hornstein at AQYRE Real Estate Advisors at 720-738-1944 or Joe@NortPeakCRE.com.
SALE HIGHLIGHTS
- Address: Warren Park Apartments | 5605 W. Warren Ave. & 2187 S. Depew St., Denver, CO 80227
- Number of Units: 46
- Property SF: 28,706 SF
- Sale Price: $6,825,000
- Price Per Unit: $148,370
- Price Per SF: $238
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