Capstone has closed the sale of 1535-1545 Moline Street in Aurora, a 12-unit multifamily property for the sale price of $1,800,000. Sean Holamon of Capstone represented the Seller and Buyer in the transaction.
The property is made up of twelve 2 Bed/1 Bath units. Seller has made well-executed renovations over the past few years, including exterior paint, and installing luxury vinyl flooring in the units.
1535-1545 Moline Street is conveniently located off E Colfax Ave. Residents enjoy being walking distance to a wide selection of restaurants, grocery stores and retail locations.
Seller plans to 1031 exchange into a newer vintage property. Buyer plans to hold the property and collect the current cash flow.
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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.
