10500 25th St, Denver, CO 80207

Description

Increased occupancy from 66% to 90% within 6 months after acquisition Increased NOI over $25,000 within the same time period Purchased property with 7% interest only, seller loan at 80% LTV

Details

Cost PSF
$13.64
Sale Price
$420,000
Total Cost
$300,000
Acquisition Date
Aug, 1997
Add. Capital Costs
$50,000
Sale Date
Feb, 1999
Total Project Size
22,000
Sale Price / SF
$19.09
Avg Annual Return
80%
Acquisition Price
$250,000