Capstone has closed the sale of 3944 N Turnpike Dr in Westminster, a 6-unit multifamily property for the sale price of $1,075,000. Austin Smith of Capstone represented the Buyer.
3944 Turnpike boasts a diverse unit mix of one studio, two 1-beds and three 2-beds. The long-term residents at Turnpike enjoy private backyards and there is ample parking property wide.
The property is conveniently located off Turnpike and Bradburn Blvd. Residents have easy access to US-36 providing a convenient commute to Denver or Boulder.
Buyer plans to continue to operate property efficiently, collect on cash flows and implement renovations as units turn. They are looking forward to owning a property in the high-growth market of Westminster.
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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.
