4330 Quitman: Denver Triplex Sale (Berkeley)

The Denver Apartment Buildings For Sale website announces that Kyle Malnati and Greg Johnson of Madison & Company Properties sold a triplex that is located in the Berkeley neighborhood. The property’s address is 4330 Quitman Street, Denver, CO 80212.

4330 Quitman Street

4330 Quitman Street

Friday 5/29/2015 — “I have a lot of clients that got started investing in real estate by living in one of the units of an apartment building that they owned. However, I’ve never actually sold a property to a Buyer that was going to occupy one of the units; I usually meet these investors several years after purchasing their inaugural rental property. I was genuinely honored to sit at the closing table across from a young “20-something” entrepreneur in the making. He wasn’t my client, but I felt a certain kinship with him as so many other investors had gotten their start in the same fashion. I salute the hard working, do-it-yourself-ers that “bootstrap it” by beginning their investing career by living in one of the apartments alongside their tenants. They could choose to buy a new condo or their first single family home, but they opt for a less-glamorous situation in exchange for future investment returns and cash flow.” ~Kyle Malnati

NEIGHBORHOOD NAME: Berkeley
ADDRESS: 4330 Quitman Street, Denver, CO 80212
SALE PRICE: $537,500 (LIST PRICE: $525,000)
SALE DATE: 5/29/2015
BUILDING SIZE: 2,152* SF
LOT SIZE: 6,240* SF
PARKING: 1-car garage + 3 surface spaces
YEAR BUILT: 1911
# OF UNITS: 3
UNIT MIX: 1-2Br/1Ba; 2-Studio
PRICE/UNIT: $179,167
PRICE/SF: $249.77
*Reader to verify accuracy of square footage*

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For more information about this apartment building sale in Denver’s Berkeley neighborhood or other Colorado commercial real estate transactions, please contact:

Kyle Malnati 303-358-4250
Greg Johnson 303-343-8333
Madison & Company Properties
Madison Commercial Properties

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About: Madison Commercial Properties is a Denver-based commercial real estate firm specializing in apartment brokerage and investment sales in central Denver. Managed by Kyle Malnati and Greg Johnson, Madison Commercial Properties is a division of Madison & Co. Properties. For more information, please visit: http://www.DenverApartmentBuildingsForSale.com or http://www.madisonprops.com.

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Madison Commercial Properties, Ltd. 1221 S. Clarkson Street, Denver, CO 80210 (303) 771-3850

2 responses to “4330 Quitman: Denver Triplex Sale (Berkeley)

  1. Great job you guys! Above list price, and sounds like a win-win situation. Awesome!

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