Brinkman Real Estate Sells Federal Heights Multifamily For $24.6M

The multifamily property located at 120 E Grace Place in Federal Heights, CO has been sold for a total price of $24,600,000. The property consists of 94 units, resulting in a price per unit (PPU) of $261,702. The sale transaction was facilitated by the brokerage firm Walker & Dunlop, with brokers Jake Young, David Potarf, Dan Woodward, and Matt Barnett representing the seller, Brinkman Real Estate.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $24,600,000
• Address: 120 E Grace Place, Federal Heights, CO
• Market: Federal Heights, CO
• Units: 94
• Price Per Unit: $261,702
• Seller: Brinkman Real Estate
• Brokers: Jake Young, David Potarf, Dan Woodward, and Matt Barnett - Walker & Dunlop

The sale of this multifamily property represents a significant transaction in the Federal Heights market. This deal highlights the expertise and efficiency of the brokers from Walker & Dunlop, who successfully represented Brinkman Real Estate throughout the negotiation and closing process.