JUST SOLD-135 Unit Apartment Complex

December 3, 2018

Greystone Unique Apartment Group Worked With Both Buyer And Seller For A Successful Closing

SouthGlenn Place | 6541-6651 South Vine St (map)

Denver, CO 80121 (November, 28, 2018) – Greystone Unique Apartment Group is proud to announce the sale of a great “value-add” opportunity: Southglenn Place. The 74,575 square foot apartment complex recently sold for $19,500,000.

SouthGlenn Place:
A unique opportunity that will offer the new owner a stabilized multi-family asset with a significant “value-add” opportunity. The new owner will immediately be able to capitalize on the existing loss-to-lease in addition to the implementation of unit renovations resulting in significant rent increases.

  • Blocks away from The Streets at SouthGlenn and Cherry Knolls Shopping Center
  • Sits alone as the premier reasonably priced housing option in the immediate area
  • Selling at $144,444 per unit with a market average of $170,510 per unit in this area over the past two years; SouthGlenn demonstrates the incredible value add opportunity the new owner will have

Greystone Unique Apartment Group
Once again, Unique Properties has showcased how it is a true one stop shop for all commercial real estate transactions while also delivering unparalleled results in every step of the transaction

Seller Representation: The Lippitt/Shwayder Team
Buyer Representation: The MacCarter / Kaufman Team
Financing Provided By: Greystone

For more information, please contact:
Justin Herman (720) 881.6343 | jherman@uniqueprop.com

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