Littleton, CO (March 23, 2015) — Unique Apartment Group (UAG), multifamily division of Unique Properties, Inc., Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, recently brokered the sale of a 40-unit apartment building located at 5228 South Fox Street in Littleton, Colorado.
UAG brokers represented the undisclosed seller in this transaction. After four months on the market, the Property was sold to a local investor. The property sold for $3,300,000 or $82,500 per unit.
Constructed in 1972, the 16,624 square foot asset is a well-maintained property containing 34 – 1 bedroom units and 6 – 2 bedroom units. The seller improved the building with a new state of the art boiler and hot water system, new windows and new exterior paint. Within close proximity to Downtown Littleton, Lightrail, Shops and Restaurants, the Property is in a prime location. The buyer was attracted to the location, building improvements, unit mix and strong cash flow.
To schedule an interview with a Unique Properties Broker regarding this transaction, or for more information about Unique Properties, Inc., from a corporate standpoint, please contact: Natalia Griffin at ngriffin@uniqueprop.com, or 720.881.6320.
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