Westminster, CO – August 24, 2022 – Kaufman Hagan is pleased to announce the sale of 7180-7186 Stuart St, a four-unit multifamily property located blocks from RTD’s Westminster Light Rail Station for $890,000.
Kaufman Hagan Broker, Andrew Vollert represented the Seller in this transaction.
“This well-located investment, just blocks from the Westminster Light Rail Station, sold quickly and for full price. The owner, an out-of-state investor, held the asset for 18 years.
The buyer plans to renovate two of the four units and bring rents up to market. Once stabilized, the deal will be above a 6% cap.” – Andrew Vollert, Kaufman Hagan Broker.
For more information on this transaction or to discuss multifamily investing, please contact Andrew Vollert at 650-740-9570 or avollert@khcommercial.com
SALE HIGHLIGHTS
Property Type: Multifamily
Closed Date: August 24, 2022
Property: 7180-7186 Stuart St, Denver, CO 80221 | 4 Units | 3,082 SF
Sale Price: $890,000
Price/Unit: $222,500
Price/SF: $289
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
