Capstone has closed the sale of 2650 Chase Street in Wheat Ridge, an 8-unit multifamily property for the sale price of $1,950,000. Austin Smith of Capstone represented the Seller and Brandon Kaufman of Capstone represented the Buyer.
The property boasts 8 large two-bedroom units, all with washer/dryer hook-ups. The property also includes a large grassy front yard and ample off-street parking for tenants in the back of the building.
2650 Chase Street is conveniently located off Sheridan Blvd and West 26th Avenue, placing the property in a prime location of Edgewater, steps away from Sloan’s Lake. Residents enjoy living walking distance to a plethora of dining and entrainment.
The property has been owned and operated by same investor for over a decade. The previous owner kept the property in impeccable condition, and the buyer will have the opportunity to develop land to the north of the building.
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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.
