Capstone has closed the sale of 1641 Hanover Street in Aurora, a 7,560 SF, 12-unit multifamily property for the sale price of $1,390,000. Sean Holamon of Capstone represented the Seller and Buyer in the transaction.
The building is made up of 12 one-bedroom units, each approximately 550 SF. The property has newer windows, Xeriscaping, and 12 off-street parking spaces.
1641 Hanover Street is conveniently located in Aurora, between the Stanley Marketplace and the Fitzsimons Medical Campus. The property sits near the intersection of Hanover Street and 17th Avenue.
Buyer plans to make renovations to units as leases expire and continue to enjoy the cash flow the property achieves.
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.
