Capstone has closed the sale of 1109 Akron St in Aurora, a 7,352 square foot multifamily property for the sale price of $1,715,000. Sean Holamon of Capstone represented the Seller in the transaction.
This ten-unit property offers townhome style two bed/one bath units. The property is being delivered with updated bathrooms, cabinetry, and flooring. The property also has plenty off-street parking and private yards.
1109 Akron St is conveniently located off E 11th Ave and Akron St, across the street from Community College of Aurora. There is new retail and restaurants a few blocks away in Lowry as well.
The seller has plans to exchange into multiple single family homes.
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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.
Josh Newell, Principal, Connor Knutson, Senior Advisor, and Jake Waxter, Associate Advisor with the Newell Team at Pinnacle Real Estate Advisors, LLC are pleased to announce the sale 1109 Akron Street in Aurora, Colorado. The 10-unit apartment building was built in 1957 and sold on December 13th with a contract price of $1,715,000; $171,500 per unit and $233.27 per square foot. Josh Newell, Connor Knutson, & Jake Waxter represented the Buyer.
For more information on this sale please contact Josh Newell at 303-962-9559 JNewell@Pinnaclerea.com, Connor Knutson at 303-962-9567 CKnutson@Pinnaclerea.com, or Jake Waxter at 303-962-9557 JWaxter@PinnacleREA.com
