Renovated Triplex Sells for $545,000 | 3824 S King St, Denver, CO 80236

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Denver, CO, September 1st, 2020 – AQYRE Real Estate Advisors is pleased to announce the sale of an 3-unit multifamily property, located at 3824 S King St, Denver, Colorado for $545,000.

“This building was unique and it required the right buyer but we were able to get it to the finish line where both parties were satisfied. The past owner renovated a good portion of the building but there are still a handful of improvements to be made by the new owner which will in turn yield a high cash flowing property," according to Dan Hawthorn, AQYRE Real Estate Advisors.

Listing brokers Dan Hawthorne & Jack Sherman represented the seller in this transaction.

For more information on this investment or current market conditions, contact Dan Hawthorne at 720-738-1941 or Dan@AQYRE.com.

SALE HIGHLIGHTS

  • Price: $545,000
  • Price/Unit: $181,667
  • Price/SF: $183/SF
  • Current Cap: 6.19%
  • ProForma Cap: 7.22%
  • Year Built: 1962

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