Fort Collins 4-Plex Just Sold for $271K/Unit

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Fort Collins, CO – May 31, 2022 – Kaufman Hagan facilitated the sale of 1628 E. Pitkin Street, a 4 Unit Multifamily property located in Fort Collins for $1,085,000.

Kaufman Hagan Broker, Kevin Woolsey, represented the Seller in this transaction.

“This property is a 4 unit townhome style property with two 3 bedroom, 1.5 bathroom units and two 2 bedroom, 1.5 bathroom units. There is a reliably consistent tenant base as this property is located less than 2 miles from the campus of Colorado State University.” – Kevin Woolsey, Kaufman Hagan Commercial Real Estate.

For more information on this transaction or to discuss multifamily investing, please contact Kevin Woolsey at 303-990-4361 or kwoolsey@khcommercial.com

SALE HIGHLIGHTS
Property Type: Multifamily
Closed Date: May 31, 2022
Property: 1628 E. Pitkin Street, Fort Collins, CO 80524  | 4 Units | 4,500 SF
Sale Price: $1,085,000
Price/Unit:  $271,250
Price/SF: $1,085,000
Cap Rate: 5.18%

About Kaufman Hagan Commercial Real Estate
Kaufman Hagan is a Denver-based commercial real estate brokerage, built by various industry leaders to create unique, high-value services for our investment partners and our brokers.
We drive disproportionate value to our partners through innovation, relentless effort, superior market knowledge and our belief in the value of owning every aspect of the client relationship.

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