Just Sold: 12 unit in Cheesman Park at 1444 Lafayette Street

Today, Kyle Malnati and Greg Johnson of Madison Commercial Properties brokered a sale of a 12-unit apartment building in the heart of Capitol Hill at 1444 Lafayette Street. Their clients, the Sellers, consisted of a partnership of two families. They renovated the apartments and maintained all building needs, while self-managing the property for more than eight years. More information is provided below.

1444 Lafayette Street Denver-print-005-5-005-3435x2281-300dpi1444 Lafayette Street Denver-print-007-2-007-3428x2275-300dpi

1444 Lafayette Street Listing Brochure

Denver Neighborhood: Capitol Hill
Address: 1444 Lafayette St. Denver, CO 80218
Sale Date: September 1, 2016
Sale Price: $2,220,000 (List Price $2,250,000)
Price/Unit: $185,000
Price/SF: $300.20
# of Units: 12
Building Size: 7,395
Lot Size: 6,250
Year Built: 1911

Screen Shot 2016-06-03 at 9.34.24 AMScreen Shot 2016-06-03 at 9.35.32 AMScreen Shot 2016-06-03 at 9.40.31 AMScreen Shot 2016-06-03 at 9.36.01 AM– Exceptional Location in Denver’s Premier Capitol Hill Neighborhood
– Two blocks from Cheesman Park
– Features include renovated kitchens & spacious walk-in closets
– Common area porches and balconies
– Bike Score = 98
– Walk Score = 86

Kyle & Greg - no background 2016 photo
Kyle Malnati (303-358-4250)
Greg Johnson (303-343-8333)
Madison & Company Properties
1221 S. Clarkson St. #410, Denver, CO 80210
http://www.DenverApartmentBuildingsForSale.com
kmalnati@MadisonProps.com
gjohnson@MadisonProps.com
http://www.MadisonProps.com