4705-4785 York St, Denver, CO 80216

Description

Redeveloped single tenant trade facility into successful multi-tenant maintenance facility Leased buildings from 0 to 100% in 12 months Refinanced property with a $2,425,000 loan in 14 months returning all capital.? Non-recourse, 10-year amortization, 6.38% fix rate loan

Details

Cost PSF
$24.10
Sale Price
$3,650,000
Total Cost
$1,350,000
Acquisition Date
Feb, 2006
Add. Capital Costs
$350,000
Sale Date
Sept, 2008
Total Project Size
56,014
Sale Price / SF
$65.16
Avg Annual Return
86%
Acquisition Price
$1,000,000