Contact: Joe Hornstein
Direct: 720-738-1944
Email: Joe@AQYRE.com
AQYRE Brokers Sale of Jersey Apartments for $4.9M
Denver, CO, September 25th, 2020 – AQYRE Real Estate Advisors is pleased to announce the sale of a 26-unit apartment building, located at 1465 Jersey Street in Denver, Colorado for $4,910,000.
Principals Joe Hornstein and Scott Fetter (AQYRE) represented the seller.
“The sellers received an unsolicited offer to sell the property off-market and we were able to help them accomplish their desired results without having to mass market the property due to their concerns associated with COVID-19 pandemic,” Hornstein said.
For more information on this investment or current market conditions, contact Joe Hornstein, AQYRE Real Estate Advisors, at 720-738-1944 or Joe@AQYRE.com.
SALE HIGHLIGHTS
Address: 1465 Jersey Street, Denver, CO 80220
Price: $4,910,000
Number of Units: 29
Price Per Unit: $169,310
Building Size: 21,815 SF (per measurement, not assessor)
Price/SF: $225
Current Cap: 5.4%
About AQYRE Real Estate Advisors
We’re a collection of experienced real estate brokers committed to relationships built on results. We share a belief that our client’s goals take priority over our transaction results and we’ve been rewarded with long-term relationships with investors who trust us. As a brokerage, we are committed to remaining a small firm with high caliber individuals allowing investors more access to experienced advisors – we stress quality over quantity. The not-so-secret to our success is our 50+ years of investment experience in the Denver market and our commitment to collaboration among ourselves and our peers. Sharing our relationships and opportunities with other brokers in our market assures our clients access to the best deals. We aren’t defined by our individual success, we are defined by the success of investors who we are fortunate to call clients.
