Oneida Tower

2121 S. Oneida Street Denver CO

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Property Pictures

Historical Performance Details

  • Acquisition DateDecember, 1994
  • Total Project Size67,000 SF
  • Acquisition Price$1,575,000
  • Add. Capital Costs$225,000
  • Total Cost$1,800,000
  • Cost PSF$26.87
  • StatusSold - Dec, 2006
  • Sale Price$5,350,000
  • Sale Price / SF$79.85
  • Ave. Annual Return65%

  • Value enhanced by immediate renovations of building and leasing vacant space
  • increased occupancy from 63% to 90% with 12 months after acquisition.  Maintained 90% + occupancy during ownership
  • Increased NOI over $125,000 within same time period
  • Refinanced property with a $4,000,000 non-recourse loan at 5,96% interest rate, 30-year amortization.


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Contact Leasing

Email: leasing@matrixgroupinc.com
Phone: 303.333.7500