Capstone Closed on Sale of 1505 E Kiowa

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Capstone has closed the sale of 1505 E Kiowa Street, a 9 unit 7,192 sq ft multifamily property for the sale price of $1,475,000.  Pat Knowlton of Capstone represented both the Buyer and Seller on this transaction.

The property consists of nine total units, with all units including a patio/balcony and a den that can be turned into an additional bedroom. Four units are 850 SF 1 bed/1 bath units, four units are 1,044 SF 2 bed/2 bath units and the remaining one unit is a studio at 650 sq ft. The apartment complex also has 10 parking spaces and electric heating throughout the building.

1505 E Kiowa Street is conveniently located on the corner of N Logan Avenue and E Kiowa Street. This location is less than a block away from Prospect Lake and Memorial Park, and three blocks away from the US Olympic & Paralympic Training Center. This property is a five minute drive from over 15 desirable retail and dining spots.

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