Cherry Creek Commercial has closed the sale of the 12-unit apartment complex 7562-7576 Quitman Street in Westminster for $2,100,000 or 97.7% of the list price. 7562-7576 Quitman Street consists of all 2-bedroom/1-bath units, and was built in 1962. Mike Martin of Cherry Creek Commercial represented the Seller and Boomer Beatty of Marcus and Millichap represented the Buyer in the transaction equating to a price of $175,000 per unit, which went under contract after 6 days on market and closed in 55 days.
