Capstone has closed the sale of 110 W Bayaud Avenue a 4,002 SF side-by-side multifamily property for the sale price of $2,600,000. Benton C. Adams of Capstone represented the Seller, Gunnar Wilson of Capstone represented the Buyer.
This is the first time the property has traded hands in 58 years. Originally constructed in 1900 the family purchased the asset in 1963 and has continued to operate through the years. The property consists of eight 1 bedroom/1 bathroom units.
110 W Bayaud Avenue is conveniently located on West Bayaud and South Bannock in the Baker neighborhood.
The buyer plans to renovate some units, bring rents to market and enjoy the cashflow.
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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.
