Capstone has closed the sale of 1345 & 1363 Yosemite St, a 29,002 sq ft multifamily property for the sale price of $ 7,050,000. Sean Holamon of Capstone represented the Buyer in this transaction.
This property consists of 47 units, 6 studio/1 bath, 33 1 bed/1bath, 8 2 bed/1 bed. It has large units for the area that average 625 sq ft and plenty of on-site parking available. With low basis going in, the property has value add opportunity for light renovation and increased rents to maximize NOI.
1345 & 1363 Yosemite St is conveniently located off Yosemite St and East 14th Ave, close to Stanley Marketplace and Lowry retail shops.
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.
