2017 Q4 Central Denver Multifamily Sales Comps

Calibrate Real Estate, in conjunction with the Denver Apartment Buildings for Sale website, published it’s 4th Quarter newsletter for 2017. 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 have occurred since our last newsletter was published. These transactions occurred within (9/1/2017-12/31/17). We have compiled the CoStar sales comps in Central Denver that include multifamily and 5+ units. Details below:

 

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Row 1 (Left to Right):
5300-86 E. Asbury Avenue sold for $4,830,000 ($150,937/Unit)
1282 Saint Paul Street sold for $1,500,000 ($214,286/Unit)
960 Grant Street sold for $11,250,000 ($160,714/Unit)
930 Washington Street sold for $2,100,000 ($161,538/Unit)

Row 2 (Left to Right):
1375 High Street sold for $14,750,000 ($273,148 /Unit)
1224 E. 13th Avenue sold for $3,650,000 ($202,778/Unit)
1260 Vine Street sold for $1,000,000 ($166,667/Unit)
1439 Detroit Street sold for $1,310,000 ($187,143/Unit)

Row 3 (Left to Right):
1355 York Street sold for $4,400,000 ($118,919/Unit)
1266 Lafayette Street sold for $1,050,000 ($131,250/Unit)
1632 Franklin Street sold for $1,060,000 ($212,000/Unit)
1363 Gaylord Street sold for $3,100,000 ($258,333/Unit)

Row 4 (Left to Right):
1453 Williams Street sold for $907,120 ($129,588/Unit)
2475 S. York Street sold for $1,190,000 ($132,222/Unit)
1129 Pearl Street sold for $1,160,000 ($232,000/Unit)
995 Corona Street sold for $1,775,000 ($161,364/Unit)

Row 5 (Left to Right):
600-624 Pennsylvania Street sold for $12,850,000 ($242,453/Unit)
1075 Clarkson Street sold for $1,385,000 ($125,909/Unit)
1756 Clarkson Street sold for $17,850,00 ($297,500/Unit)
2920 W. 32nd Avenue sold for $6,600,000 ($160,978/Unit)

 


Calibrate Real Estate
900 East Louisiana Avenue #203, Denver, CO 80210
http://www.CalibrateRE.com
kyle@CalibrateRE.com
greg@CalibrateRE.com
http://www.DenverApartmentBuildingsForSale.com