Capstone has closed the sale of 2317 Julian St, a 5,070 SF, 6-unit multifamily property for the sale price of $1,625,000. Nik MacCarter of Capstone represented the Seller and the Buyer in this transaction.
The property consists of five 2 bedroom/1 bath units and one 1 bedroom/ 1 bath unit.
2317 Julian St is conveniently located between W 23rd Ave & Julian St, near Sloans Lake and just blocks from Federal Blvd.
The buyer plans on renovating all of the units with modern finishes in an effort to bring rents up to market rates. The seller owned this property for 30+ years and is excited to see what the new buyer will do with the property.
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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.
