That means the seller, who was represented in the transaction by John Laratta of the Denver office of Hendricks & Partners, received a 166% return in just three years.
The county assesses the property at $392,2000. The sales price was about136% higher than the assessed value.
"The building was in good shape and had one studio and 11 one-bedroomunits," Laratta tells GlobeSt.com. "It has a very nice central Denver location.
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