New-Build Comp Sets Precedent in Swansea Neighborhood

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Denver, CO – June 14, 2022 – Kaufman Hagan facilitated the sale of 4711 & 4731 Columbine St, a 4 Unit Multifamily portfolio located in Denver for $2,575,000.

Kaufman Hagan Principal & Employing Broker, Teal Nipp Hagan, along with Kaufman Hagan Broker, Kambri Preciado, represented the Seller in this transaction.

“Columbine is a solid cash-flowing multifamily investment that will also realize the appreciation benefits of the I-70 expansion and surrounding redevelopment that is currently in the works.” – Teal Nipp Hagan, Kaufman Hagan Commercial Real Estate.

For more information on this transaction or to discuss multifamily investing, please contact Teal Nipp Hagan at 720-984-0419 or thagan@khcommercial.com

SALE HIGHLIGHTS
•    Property Type: Multifamily
•    Closed Date: June 14, 2022
•    Property: 4711 & 4731 Columbine St, Denver, CO 80216   | 4 Units | 9,840 SF
•    Sale Price: $2,575,000
•    Price/Unit:  $643,750
•    Price/SF: $262
•    Cap Rate: 5%

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