Capitol Hill Multifamily Asset Sells For $977,500

June 20, 2016

Denver, CO  (June 9, 2016) — Unique Apartment Group (UAG), multifamily division of Unique Properties, Inc., Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, recently represented the seller and buyer of a 5-unit multifamily asset located at 1109 Emerson Street in Denver, Colorado. The Property sold for $977,500 or $195,500 per unit. The transaction closed on June 6, 2016.

1109 Emerson Street consists of five, 2-bedroom units each averaging 900 square feet. The building was constructed in 1894 and is located in the heart of the Capitol Hill Neighborhood. The Seller completely renovated the Property prior to marketing it. The Property was sold with zero vacancy. Based on the recent improvements and steady cash flow, the Buyer plans to continue running the Property “as-is”.

« Previous   Next »

New Listings Market Updates

Every property that Unique lists first is distributed to members on our mailing list. We don’t share your information or overstep our bounds. We just send quality information before it goes public!

CONTACT US                           ABOUT US