MMG Real Estate Advisors, a premier real estate advisory firm, has announced the successful disposition of two Denver multifamily properties: 1421 Clayton Street and 1454 N Williams Street, a combined eight-unit portfolio that closed April 16, 2026, for a total of $1,610,000. MMG’s Chris Mitton and Adam Riddle represented the seller in both transactions.
The two assets traded in a Denver market characterized by a moderated sales volume and softer fundamentals, with slower rent growth and more limited transaction activity. Despite these conditions, both properties generated meaningful buyer demand, reflecting continued appetite for well-located assets in established Denver neighborhoods.
1421 Clayton Street, a four-unit property, closed at $800,000 ($200,000 per unit), representing a sub-5% cap rate—a notable outcome relative to comparable small multifamily transactions in the area, which have generally traded in the 6%+ cap rate range. The result reflects a premium achieved through deliberate pricing strategy and targeted marketing execution.
1454 N Williams Street, also a four-unit property, closed at $810,000. The transaction required persistence and careful navigation of multiple hurdles throughout the process. MMG’s ability to manage the complexity and sustain buyer engagement resulted in a strong outcome for the client.
“We’re really happy with how this sale turned out,” said Chris Mitton. “Even with a tougher financing environment and a sub-5% cap rate, we were able to position the property well, generate solid buyer interest, and ultimately get it closed successfully for our client. It’s a good example of how the right pricing and marketing strategy can still drive a strong result in today’s more selective market.”
