Just Sold: Golden Four-Plex, Amazing Location with Tremendous Upside

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Golden, CO – January 20, 2023 – Kaufman Hagan is pleased to announce the sale of 18244 W 3rd Place, a 4 unit multifamily property located in Golden for $935,000.

Kaufman Hagan Broker, Jeff Gibbs represented the Buyer in this transaction.

“The property features four spacious two-bedroom units that the new owners will remodel with modern finishes. Additionally, the property offers on-site laundry facilities, providing added convenience for tenants.
The location of the property is one of its strongest selling points. It is situated in a quiet, residential neighborhood, and is nestled against the base of the foothills.

The area offers a wide range of outdoor recreational activities, as well as easy access to all the shopping, dining, and entertainment options that Golden has to offer.

The property also has a lot of upside potential. With Golden’s population and economy on the rise, the demand for rental properties in the area is only going to increase. This presents a great opportunity for investors to acquire a property that is poised for appreciation in value.”

-Jeff Gibbs, Broker, Kaufman Hagan Commercial Real Estate.

For more information on this transaction or to discuss multifamily investing, please contact Jeff Gibbs at 303-562-9850 or jgibbs@khcommercial.com.


SALE HIGHLIGHTS

  • Property Type: Multifamily
  • Closed Date: January 20, 2023
  • Sale Price: $935,000
  • Property: 18244 W 3rd Place, Golden, CO 80401
  • Units: 4
  • Price/Unit: $233,750
  • GBA: 3,840 SF
  • Price/SF: $243

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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