Denver Land Disposition, New Multifamily Construction

May 23, 2016

Denver, CO  (May 23, 2016) — Unique Properties, Inc., Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, is pleased to announce the land sale of 2418 Eliot Street & 2847-2851 24th Avenue, a 15,681 square foot land parcel located in the heart of Denver’s trendy Jefferson Park neighborhood. The Property was acquired for $1,648,332, representing a $105.12 per square foot sales price.

The G-MU-3 zoned property is conveniently situated on West 24th Avenue, East of Federal Boulevard, with easy access from I-25 at west 23rd Avenue. It is located just a block away from Jefferson Park’s retail and restaurant center and only a short 5-minute drive to Downtown Denver. The Buyer plans to construct new multifamily housing on the site.

Sam Leger and Tim Finholm, Senior Brokers at Unique Properties, Inc., represented the Sellers, Chenago Partners III, Globe Partners LLC, and 2847 West 24th Ave Partners LLC.  The Buyer, 24th & Eliot LLC, was represented by Flatgrass Realty.

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