Capstone has closed the sale of Newton Square Apartments, a 10,780 Sq Ft multifamily property for the sale price of $2,700,000. Christian Burgdorf & Adam Riddle of Capstone represented the Seller, and Nik MacCarter of Capstone represented the Buyer in this transaction.
This two-story property consists of two studio and fourteen one-bedroom units. Newton Square Apartments has been very well maintained during its ownership and has updated units, new roofs on both buildings and a newly paved parking lot for off street parking.
Newton Square Apartments is conveniently located on the quiet, tree lined corner of 73rd Avenue and Newton Street in Westminster. The property allows easy access to Federal Blvd, Sheridan Blvd, and Denver Boulder Turnpike.Â
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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.
