BEAUJOLAIS Apartment Guide
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Sale activity of large of apartment communities continues to improve. During the first three quarters of
2012 investors purchased 49 apartment communities of 50 or more units in the seven county Denver metro
area. According to Costar and published announcements from brokers, sales volume totaled $1,079.6 million
for 11,557 units or $93,415/unit average.
Following the financial crisis and resulting economic slowdown
in 2008, average unit prices decreased dramatically along
with the sales volume. That situation began to change in
2011 as that year experienced the highest average unit sale
price, reflecting investor confidence in the Denver apartment
market....
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BEAUJOLAIS Apartment Guide
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BEAUJOLAIS Apartment Guide
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