Westminster, CO (June 9, 2016) — Unique Apartment Group (UAG), multifamily brokerage division of Unique Properties, Inc., Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, recently represented the buyer and seller located at 7130 Lowell Station in Westminster, Colorado. The Properties sold for $1,655,000 or $91,944 per unit. The transaction closed on June 6, 2016.
Lowell Station Apartments consisted of fourteen, 1-bedroom units averaging 520 square feet and four, 2-bedroom units averaging 700 square feet. The Seller had renovated unit interiors and added new windows, parking lot, laundry, exterior paint and exterior walkway. The Property is in close proximity to the new RTD light rail station in Westminster. The turn-key condition and location of Property gives the Buyer an opportunity to increase cash flow in an ever improving submarket.