Denver, CO (January 16, 2017) — 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 7-unit multifamily asset located at 2800 Larimer Street in Denver, Colorado. The Property sold for $1,360,000 or $194,285 per unit and closed on January 13, 2017.
2800 Larimer Street is a 4,170-square foot property constructed in 1885. The Property consists of seven (7) one-bedroom units averaging 595 square feet. The seller extensively renovated all units with modern finishes including new hardwood floors, kitchen countertops, and updated the bathrooms while maintaining the historic character of the building. Located on Larimer Street in Denver, the Property is walking distance to many restaurants, breweries and downtown amenities. The buyer was attracted to the prime location and turn-key condition of a rare and unique asset in one of the hottest submarkets in Denver.