DENVER, CO - CBRE announced the sale of a six-unit multifamily property in Denver to a private investor for $4.03 million. CBRE’s Robert Bratley represented the confidential seller in the transaction.
Located at 1015 21st Street, the property is one block from Denver’s central business district. With a WalkScore of 95, the property provides access to the city’s entertainment, nightlife and dining amenities. Coors Field and the River North Art District are within a five-minute walk of the property.
The townhome-style units feature 2,600-square-foot, three-bedroom floor plans with high-end finishes, stainless steel appliances, rooftop decks, back patios, in-unit washers and dryers, and attached two-car garages.
“The property is located within a desirable area of Denver, making it an excellent investment as a short-term rental property,” said Mr. Bratley.
ABOUT CBRE: CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.