Capstone has closed the sale of 1389 Quari Street, a 17-unit multifamily property for the sale price of $2,470,000. Jason Koch of Capstone represented the Seller, and Brandon Kaufman of Capstone represented the Buyer in the transaction.
The unit mix is made up of 12 one-bedroom units & 5 two-bedroom units and the building is an exterior walk-up style. The property includes a small courtyard in the center, and provides off-street parking for tenants.
1389 Quari Street is conveniently located at the intersection of Peoria Street & 14th Avenue. The property is located less than a half-mile from the UC Health Anschutz Medical Campus, and a block in the same direction from the restaurants & retail located along East Colfax Avenue.Â
The buyer plans to couple the property with his adjacent owned property, and make upgrades on the building at 1389 Quari Street to achieve a similar look to his property next door.
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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.
