Capstone has closed the sale of 3800 Kalamath Street, a 9,375 sq ft multifamily property for the sale price of $1,125,000. Travis Hodge and Anthony Bobay of Capstone represented the Seller in this transaction.
This property was previously being used as a short-term parking lot, and the buyer has plans to build a three-story hotel which will include 20 units; six of those units being 3 bed/2 bath, while 14 units will be 1 bed/1 bath and vary in size.
3800 Kalamath is conveniently located on the corner of W 38th Avenue and Kalamath Street. The property is three blocks from 41st & Fox rail station, and is also located in a very walkable and vibrant neighborhood.
Please call or email today to find out how we are different than the average apartment advisors.
About Capstone:
The goal of Capstone is to help generate, maintain, and increase the value and profitability of our clients’ multi-housing investment properties. To do so, we provide comprehensive multi-housing advisory services in asset acquisition and development, strategic ownership decisions, market insight and positioning, property value analysis, and disposition brokerage to support our clients in every stage of ownership. This comprehensive multi-housing-focused service offering paired with our relentless drive to win on behalf of our clients is what sets us apart from pedestrian brokerage firms. Capstone simply put: Expertise. Experience. Extra-Mile
