Sold Price: $1,125,000

I represented the Seller on the sale of this 6 unit apartment building in City Park West/Uptown that was grossing close to 100k/annually.

Once the sale was completed my Seller finalized a reverse 1031 exchange (replacement property was bought first, then this building was sold afterwards).

This was a bittersweet deal because I helped the Seller buy this building over 10 yrs ago too. The new owner has extensive experience with older properties and plans to continue preserving the property for future generations to enjoy.

Interested in Denver apartment buildings for sale? Reach out to discuss further…

Purchase Price: 600k

Recently I helped investor clients buy this single family home in the Sunnyside neighborhood (NW Denver) that is zoned for an ADU (accessory dwelling unit). As is, the home is in good condition with minor updates needed to rent long term. Future value add scenarios are remodel/update the current home and develop an ADU above a 2 car garage off the alley, or request a zoning change with City of Denver to allow for a brand new side by side duplex which is seen all over NW Denver.

My clients sold two duplexes in Kansas City and rolled their proceeds into this property through a 1031 exchange. This allows them to manage their investment themselves since they live in Denver now and they should see greater appreciation in the Denver market long term.

If you have investments in other states and feel Denver would be a better area to invest, lets discuss the process of executing a 1031 exchange and acquiring properties in Denver that could out perform your current holdings.

The entire Berkeley neighborhood has seen new development for years, now Regis University has recently released a Master Plan for moving forward regarding expansion. I obviously think it’s a great time to look at purchasing a buy and hold property in the Berkeley/Regis neighborhood that could be a profitable campus housing property. This purchase was an off-market opportunity that I took advantage of; however, the majority of the time I pass these opportunities along to clients of mine. Please let me know if you have interest in similar Denver investment properties.

Here’s a few photos of the property I just purchased through my 1031 exchange in the Regis University/Berkeley neighborhood:

I listed this rental property of mine in Edgewater for 400k. After 68 showings and 5 offers, I closed above asking price through a 1031 exchange. I have located my replacement property which will provide significantly more cash flow, especially with how low interest rates are currently! Check back next month for all the details on the property I decided to roll my 1031 exchange proceeds into.

Sales Price: 970k

I represented the Seller on this duplex (both sides) transaction in Capital Hill/Governors Park.

One side was rented for $3500/month with the tenants paying all utilities. The other side was vacant making it an attractive unit for a primary residence Buyer who wanted to off-set their mortgage with the high rental income next door.

Are you an investor who is looking at selling a duplex like this and rolling your proceeds into a larger investment property tax deferred through a 1031 Exchange? Reach out below and lets discuss further.

Or, are you a savvy Buyer who isn’t afraid of house hacking like the scenario above? House hacking in Denver is becoming very popular as prices increase. Reach out below and lets discuss some options that would be a benefit to you.