Commercial Listing Broker in Denver
The multifamily market remains strong in Denver. Class A newer construction commands cap rates in the low 5's while older Class B and C buildings exchange hands from the high-5% to low-6% cap rates. Quality newer units in Denver consistently enjoy very strong rental demand and low vacancy rates. A younger demographic that seemingly gives less priority to home ownership has flooded into the Denver market since 2014. These younger renters are slowly becoming entry-level buyers which continues to fuel...
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