Capstone Negotiates $8M Acquisition of Sherman Commons Multifamily Property in Denver

DENVER — Capstone has brokered the sale of Sherman Commons, a 35-unit apartment community located at 10 S. Sherman St. in Denver’s West Washington Park neighborhood. An undisclosed buyer acquired the asset from an undisclosed seller for $8 million.

The property offers a studio unit, 24 one-bedroom units and 10 two-bedroom units, as well as 34 off-street tenant parking spaces. This year, the building underwent renovations including new windows, stairs and landings.

Brandon Kaufman and Nik MacCarter of Capstone represented the buyer in the deal.