Just Sold: Westminster Value-Add Proforma 7% Cap Rate

Denver, CO – December 21, 2020 – AQYRE Real Estate Advisors, LLC is pleased to announce the sale of 2851 Eliot Circle in Westminster, CO.

Advisor David Barocas (AQYRE) represented the Buyer while Advisors Jack Sherman & Dan Hawthorne (AQYRE) represented the Seller.

“The sellers were happy to let go of an asset rather than putting the time and effort into upcoming capital expenditures and were able to achieve a full market value without going through the full listing process.”

Jack Sherman, AQYRE Advisor.

For more information on this investment or current market conditions, please contact Jack Sherman at AQYRE Real Estate Advisors at 720.738.1942 or Jack@NorthPeakCRE.com.

SALE HIGHLIGHTS

Address: 2851 Eliot Circle Westminster, CO 80030
Number of Units: 6
Property SF: 4,800 SF
Sale Price: $903,000
Price Per Unit: $150,500
Price Per SF: $188
Proforma Cap Rate: 7%

NorthPeak Broker Team