7000 E 58th Ave, Commerce City, CO 80022

Description

Value added by painting buildings, improving landscaping, replacing roof and renewing tenants at market rates Purchased to complete 1031 tax-deferred exchange reinvestment into low risk property Maintained 95% occupancy during holding period

Details

Cost PSF
$31.06
Sale Price
$1,375,000
Total Cost
$1,000,000
Acquisition Date
Feb, 1998
Add. Capital Costs
$25,000
Sale Date
Aug, 2000
Total Project Size
32,200
Sale Price / SF
$42.70
Avg Annual Return
25%
Acquisition Price
$975,000