2018 Q1 Central Denver Multifamily Sales Comps

Calibrate Real Estate, in conjunction with the Denver Apartment Buildings for Sale website, published it’s 1st Quarter newsletter for 2018. 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 (1/1/18-3/31/18). We have compiled the CoStar sales comps in Central Denver that include multifamily and 5+ units. Details below:

 

Row 1 (Left to Right):
1325 Madison Street sold for $2,475,000 ($206,250/Unit)
619 Logan Street sold for $16,300,000 ($285,965/Unit)
1675 Gilpin Street sold for $3,275,000 ($192,647Unit)
664 Washington Street sold for $1,563,395 ($312,679/Unit)

Row 2 (Left to Right):
1020 Lincoln Street sold for $3,950,000 ($232,353/Unit)
1423 Race Street sold for $1,725,000 ($246,429/Unit)
2250 Josephine Street sold for $3,200,000 ($145,454/Unit)
1729 Pennsylvania Street sold for $1,800,000 ($100,000/Unit)

Row 3 (Left to Right):
2000 S. York Street sold for $1,850,000 ($308,333/Unit)
2105-2155 Buchtel Boulevard sold for $18,400,000 ($184,000/Unit)
522 Ogden Street sold for $800,000 ($160,000/Unit)
1401 Detroit Street sold for $1,235,000 ($205,833/Unit)

Row 4 (Left to Right):
1974 S. University Boulevard sold for $2,100,000 ($161,538/Unit)


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