Renovated Duplex Multifamily Asset Sells for $575,000

August 29, 2016

Denver, CO (August 24, 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 of a 2-unit apartment home located at 1946 Irving Street in Denver, Colorado. The Property sold for $575,000 or $287,500 per unit and closed on August 19, 2016.

The turnkey Property consists of large, newly renovated three-bedroom units featuring hardwood floors, updated kitchens, and modern finishes. The Property has 2,500 net rentable square feet and a unit mix of 2 three bedroom units averaging 1,250 square feet. Constructed in 1910 and fully renovated in 2010, the Property features new windows, roof, furnace and water heaters.  1946 Irving Street is located blocks from Sloan’s Lake and directly across from Hallack Park. The Buyer was drawn to the clean, cash flowing property in a great location.

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