Colorado Springs – Nexus Commercial Realty, LLC, has closed on the sale of 3114 N. Hancock Ave, a 6-unit multifamily property consisting of 3,784 sq ft. for the sale price of $550,000. Robert Gray of Nexus represented the Seller, Parker Property Development, LLC, Pat Knowlton represented the buyer, 3114 N. Hancock Ave, LLC.
The property consists 6 one-bedroom units, which are a great size and floorplan. The sellers kept the property well maintained throughout their ownership which made this a very smooth transaction.
3114 N Hancock Ave is conveniently located off Fillmore Ave and Hancock Ave on the east side of I-25, minutes away from downtown and Palmer Park.
The buyer was in a reverse exchange and plans to update a few units, but this property fits their portfolio well and they look forward enjoying the steady cashflow.
Please call or email today to find out how we are different than the average apartment advisors.
About Nexus Commercial Realty, LLC:
Nexus is a full-service firm for the Multi-Family commercial real estate industry in Denver. Our firm specializes in acquisitions, dispositions, seller rep, buyer rep, and advisory services. We provide high caliber services to owners and investors delivered with the focused attention only a privately-owned firm can offer. After operating successfully for over 25 years, our Colorado roots are deep because our market experience in commercial real estate is firsthand. This positions us to help clients reach their business and financial goals while ensuring their best interests are always protected. As a team, we might not appear as your typical brokerage – and that’s by design. Even though we’ve been in the industry for more than two decades, we are as enthusiastic, energetic and collaborative as when we first started. At Nexus, there is no internal competition because our purpose is aligned. This reduces internal competition and makes us more productive on a per broker/agent basis. We love coming to work every day because we love helping our clients achieve their goals. You might find us in jeans instead of slacks, outside meeting people instead of in our office. We do things differently because we are different.
For more information, please visit www.nexus-cr.com.
