Fort Collins, CO (March 31, 2016) — Unique Apartment Group (UAG), multifamily division of Unique Properties, Inc., recently represented the buyer of a mixed use asset located at 155-163 West Mountain Avenue in Fort Collins, Colorado. The Property sold for $4,500,000 and the transaction closed on March 22, 2016.
155-163 West Mountain Avenue consists of four (4) retail spaces and fifteen (15) apartments with 17,375 rentable square feet. The buyer was attracted to the Property’s proximity to Colorado State University and intends on renovating the apartments to increase cash flow. The Property’s prime location is on the corner of West Mountain Avenue and South Mason Street, blocks from the University.