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Saint Vrain Apartments Aquired for $1,025,000

Posted by Unique News Team on April 2, 2018
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Colorado Springs, CO (March 28,2018) — Greystone Unique Apartment Group, 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 12-unit multifamily asset, located at 405 & 415 Saint Vrain Place in Colorado Springs, CO. The Property sold off-market for $1,025,000 or $85,417 per unit and closed on March 27, 2018. Zach Hansen of Greystone Unique Apartment Group represented the buyer and seller in this transaction.

 

The Property consists of two buildings constructed in 1977 and 1979.  With a total of 9,253 rentable square footage, the Property features two (2) one bedroom units and ten (10) two bedroom units.  Located in desirable Western Colorado Springs, the Property is in a quiet residential neighborhood with excellent views of Pikes Peak. This is fourth Colorado Springs multifamily property that Greystone Unique Apartment Group has sold in March 2018. Demand remains high for this type of product in Colorado Springs as properties are either sold off market or under contract in days from being listed.

For more information please contact Zach Hansen  at 303.645.4787