Denver – Nexus Commercial Realty, LLC, has closed the sale of 1409 Clinton Street, a 5-unit multifamily property for the sale price of $597,500. Sean Holamon of Nexus represented the both the Buyer and the Seller in the transaction.
The building consists of three 1-bedroom units and two 2-bedroom units. The property is individually metered for gas & electric, and had a new roof installed in 2018.
1409 Clinton Street is conveniently located at the intersection of Clinton Street & 14th Avenue, with great access to public transportation and Lowry Retail.
The buyer sold a single-family rental property and used those proceeds to trade into this 5-unit. The buyer plans to make minor improvements to the property and manage it themselves to maximize cash flow.
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 commercial real estate industry in Denver. Specializing in high caliber solutions developed for owners and investors, we deliver specialized services such as acquisitions, dispositions, seller representation, buyer representation, and consultation regarding commercial properties. We provide high caliber services to owners and investors delivered with the focused attention only a privately-owned firm can offer. With over 25 years of combined experience, 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.
