Denver, CO – July 22, 2022 – Kaufman Hagan facilitated the sale of Jersey Apartments, a 29 Unit Multifamily property located in Denver for $7,000,000.
Kaufman Hagan Principal & Senior Advisor, Brandon Kaufman, along with Kaufman Hagan Broker, Gunnar Wilson, represented both sides in this transaction.
“Jersey Apartments is a beautiful 3 story property with a tremendous unit mix and off street covered parking. Its Montclair location, recent cap-ex upgrades & superior management by Cornerstone made it an attractive investment for the Buyer; who will make various cosmetic upgrades to capture market increases in rent due to the areas growth. The sale process went smoothly, and was facilitated on both sides by Kaufman Hagan Commercial Real Estate.”
– Brandon Kaufman, Kaufman Hagan Commercial Real Estate.
For more information on this transaction or to discuss multifamily investing, please contact Brandon Kaufman at 303-547-7357 or bkaufman@khcommercial.com.
SALE HIGHLIGHTS
Property Type: Multifamily
Closed Date: July 22, 2022
Property Address: 1465 Jersey St, Denver, CO 80220 | 29 Units | 22,916 SF
Sale Price: $7,000,000
Price/Unit: $241,379
Price/SF: $306
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.
