12/29/2008

Hendricks & Partners sells Denver multi-family

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The Florence Apartments, a three-story multi-family property in Denver, Colo., has been sold for $1.90 million by Greenwood Village-based The Florence Ltd.

Chuck Sweeney of Hendricks & Partners represented the buyer in the transaction.

The apartments are located at 136 S. Emerson St. and contain 23 units. Built in 1962, the property is comprised of 13,300 square feet and sold with a 6.10 percent capitalization rate.

Address: 136 S. Emerson St., Denver, Colo.

Size: 23 units

Built: 1962

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Filed Under: Multi-Family

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