Address: 2265 Depew St., Edgewater, CO 80214
Sold Price: $1,050,000
Price/Unit: $262,500
# of Units: 4
Year Built: 1951
Calibrate Real Estate is pleased to announce the sale of a multifamily listing located at 2265 Depew St. Jake Lowell represented the Seller and Kyle Malnati represented the Buyer in this successful off-market transaction.
This transaction relied on the persistence of commercial brokers and could not have been completed without the trust that our clients placed in Calibrate Real Estate. With this Closing, we helped the Buyer complete a 1031 Exchange from a single family rental property in southwest Denver.
Additionally, the Seller was out of the country in a total COVID lockdown for the entire transaction, adding another layer of complexity to the deal. The Seller plans to use their proceeds to invest in a NNN property.
Special thanks to Stewart Title for providing Title and Closing services.
