Capstone has closed the sale of The Lighthouse Apartments, a two-building multifamily portfolio for the sale price of $6,750,000. Brandon Kaufman of Capstone represented the Seller.
2830 Wyandot Street is a newly renovated duplex. The building is renovated on both the interior & exterior, with two very large units including a washer & dryer in each, A/C, and a front balcony for the top unit. There is one 1-bedroom, and one 2-bedroom unit.
2836 Wyandot Street is a 23-unit building with a mix of studio & 1-bedroom units. The property is also newly renovated both on the interior & exterior, and includes tenant off-street parking and a front lawn area.
The two buildings are located side-by-side, near the intersection of 29th Avenue & Wyandot Street. The properties are in LoHi, arguably Denver’s hottest & most desirable neighborhood. They are located walking distance to popular retail & dining locations and have easy access to I-25 & Speer Boulevard.
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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.
