Colorado Springs – Nexus Commercial Realty, LLC, has closed on the sale of 624 Prairie Road, an 8-unit multifamily property consisting of 4,708 square feet for the sale price of $810,000. Robert Gray and Patrick Knowlton of Nexus represented the Seller, Prairie Road LLC.
Property consists of 6 one-bedroom units and 2 two-bedroom units, which are great sizes and floorplans. The sellers kept the property well maintained throughout their ownership which made this a very smooth transaction.
624 Prairie Road is conveniently located blocks away from N Union Blvd and Platte Ave., Just minutes away from The U.S. Olympic Training Center. The property is situated in a quiet mostly residential area of town, which is appealing to renters.
The buyer plans to do some interior renovations to the units while enjoying the 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 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.
