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Littleton Multifamily Asset Sells for $1,440,000

Posted by Unique News Team on June 30, 2016
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Littleton, CO (June 27, 2016) — Unique Apartment Group (UAG), multifamily division of Unique Properties, Inc., Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, recently represented the buyer of a 26-unit multifamily asset located at 5944 Datura Street in Littleton, CO. The Property sold for $2,500,000 or $196,153 per unit. The transaction closed on June 16, 2016.

5944 South Datura Street has 15,940 net rentable square feet. The Property is located one block to Ketring Park and just five minutes from the RTD Lightrail Stop and Arapahoe Community College. The Seller had owned the Property for over ten years and received multiple offers. The Buyer intends to have some light renovations done, raise the rents to market rates and hold the Property for future cash flow.

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