8751 E Hampden Ave, Denver, CO 80231

Description

Value enhanced by immediate improvements to buildings Exit strategy was to convert all units to office condominiums Sold $1,500,000 of condominiums with 24 months after acquisition

Details

Cost PSF
$36.54
Sale Price
$2,650,000
Total Cost
$950,000
Acquisition Date
July, 1995
Add. Capital Costs
$140,000
Sale Date
June, 2007
Total Project Size
26,000
Sale Price / SF
$101.92
Avg Annual Return
70%
Acquisition Price
$810,000