Capstone has closed the sale of 19-21 Amherst Avenue, a 11,900 SF multifamily property for the sale price of $2,060,000. Lee Wagner of Capstone represented both the Seller and the Buyer on this transaction.
This property offers a total of 16 units, consisting of 1 three bed, two bath unit, 7 two bed, one bath units, & 8 one bed, one bath units. The property offers value add opportunities through continuing renovations and increasing rents to market. The property is being delivered with updated mechanics, windows, and xeriscaping.
19-21 Amherst Avenue is conveniently located off Amherst Avenue, between South Prairie Avenue and Cambridge Avenue. The property is within walking distance to local retail, restaurants, and the Colorado State Fair Grounds.
Please call or email today to find out how we are different than the average apartment advisors.
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.
