Fort Collins Building Housing Fraternity Sells To Investors

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 201 E. Elizabeth, Fort Collins, CO 80521

 SVN | Denver Commercial (Northern Colorado Division), one of Colorado’s top producing real estate investment brokerage firms, is pleased to announce the sale of 201 E. Elizabeth Street in Fort Collins, CO, currently occupied by the Phi Kappa Tau Fraternity as a single tenant. The 5,408 square foot house, originally built in 1947, was renovated in 2014 and approved for use of up to 18 residents. The property sold for $1,445,000.00.  Seller was Saddle Up Partners, LLC, who renovated the property and guided the property through the city approval process for group homes.  Buyer was 201 East Elizabeth, LLC, consisting of a Colorado based investment group. The buyer group included a former fraternity member. Robert Hau and Steve Kawulok from SVN/ Denver Commercial acted as transaction brokers on the sale.

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