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Evergreen Multifamily Property Sells for $1,100,000

Posted by Unique News Team on April 13, 2016
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Evergreen, CO (April 11, 2016) — Unique Apartment Group (UAG), multifamily division of Unique Properties, Inc., recently represented the buyer of a multifamily property located at 27848 Meadow Drive in Evergreen, Colorado. The Property sold for $1,100,000 or $84,615 per unit. This transaction closed on April 6, 2016.

27848 Meadow Drive consists of three (3) studios, six (6) one bedroom units and four (4) two bedroom units with 11,834 rentable square feet. The seller owned the Property for approximately ten years before placing it on the market. The new owner plans to make both exterior and interior renovations as the units turn. Constructed in 1962, the Property is now the largest apartment complex in the city of Evergreen conveniently located a block off of Bear Creek Road which boasts a variety of restaurants, shops and local amenities.

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