Denver Apartment Building Sales: University of Denver Neighborhood 2014Q2 Report

Colorado Boulevard and University of Denver neighborhood apartment building sales.

DU (University of Denver) Apartment Sales 2Q2014

Denver Apartment Buildings For Sale website published its 2nd Quarter newsletter for 2014.

The purpose of this newsletter is to provide insight on the direction of the Central Denver apartment sales market, and to recap the transactions that occurred after our last newsletter was published. These transactions occurred within the 1st and 2nd Quarters of 2014 (2/1/2014-5/31/2014).

University of Denver Apartment Building Sales: 7 properties sold: Averages – $149.34/SF – $142,471/Unit

5/10/2014 – 2499 S. Colorado Blvd. – Units: 107 – Price: $20,700,000 ($155.55/SF; $193,458/unit)
5/6/2014 – 2449 S. Colorado Blvd. – Units: 103 – Price: $13,800,000 ($160.91/SF; $133,981/Unit)
4/28/2014 – 4185 E. Florida Ave. – Units: 52 – Price: $4,907,000 ($120.18/SF; $94,365/Unit)
4/25/2014 – 1831-1845 S. Jackson St. – Units: 24 – Price: $2,400,000 ($107.57/SF; $100,000/Unit)
4/15/2014 – 1560 S. Albion St. – Units: 18 – Price: $1,376,000 ($102.69/SF; $76,444/Unit)
4/1/2014 – 1962 S. Columbine St. – Units: 8 – Price: $905,000 ($160.52/SF; $113,125/Unit)
3/31/2014 – 2421-2449 S. Gaylord St. – Units: 15 – Price: $2,500,000 ($228.27/SF; $166,667/Unit)

We invited our database of investors to enter a TEXT MESSAGE Sweepstakes for the chance to win one of two $250 gift cards to a great dining experience at Del Frisco’s. In this particular section of our newsletter, we were also happy to announce the two winners of our sweepstakes: 1) Mark & Becky Lauriha and 2) Malin & Jan Jones. Thanks to everyone that participated by text messaging us, and congratulations to our winners!

For more detailed information about Apartment Buildings For Sale in Denver, or to discuss your investment opportunities, please contact us at 303-771-3850 or visit our website at: http://www.DenverApartmentBuildingsForSale.com

~Kyle Malnati (303-358-4250)
Greg Johnson (303-810-1328)
Madison & Company Properties
1221 South Clarkson Street, #300, Denver, CO 80210
kmalnati@madisonprops.com
gjohnson@madisonprops.com
http://www.MadisonProps.com