Denver, CO (December 28, 2016) — Greystone Unique Apartment Group, multifamily division of Unique Properties, Inc., recently represented the seller of a 4-unit multifamily asset located at 1379 South Logan Street in Denver, Colorado. The Property sold for $810,000 or $202,500 a unit and closed on December 28, 2016.
1379 South Logan Street is a 2,820-square foot property constructed in 1910. The Property consists of four units with two (2) one-bedroom units averaging 560 square feet and two (2) two-bedroom units averaging 850 square feet. Located in Platt Park neighborhood, the Property is blocks from South Pearl Street amenities and the Louisiana-Pearl Lightrail station. The buyer intends to raise rents to market values and hold long term.