Denver – Nexus Commercial Realty, LLC, has closed the sale of 1568 Vine Street, a 6-unit multifamily property for the sale price of $1,025,000. Nik MacCarter & Brandon Kaufman of Nexus represented the Seller in the transaction.
The property is a beautifully converted Victorian home made up of one-bedroom units. The historic building has a front porch & off-street parking for tenants.
1568 Vine Street is conveniently located near the intersection of Vine Street & East 16th Avenue. Just blocks from City Park & Cheeseman Park, the property sits in an incredible uptown location in on of Denver’s premier neighborhoods.
The buyer plans on renovating the units to bring rents up to market and take advantage of the property’s great location! The seller plans to increase their cash flow by leveraging the equity they had in the property into another investment.
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.
