Denver – Nexus Commercial Realty, LLC, has closed the sale of 1302 Milwaukee, a 12-unit apartment building for the sale price of $2,450,000. Brandon Kaufman & Nik MacCarter of Nexus represented the Seller, Gunnar Wilson of Nexus represented the Buyer.
The property consists of 10- 1bed/1bath units and 2- Studios. The majority of capital expenditures were completed by the Seller including the boiler, new windows, and plumbing.
1302 Milwaukee is conveniently located on the corner of 13th and Milwaukee in the heart of Congress Park.
The Buyer plans to renovate the units and bring rents up to market. The Buyer was attracted to the neighborhood because of the proximity to the park, botanic gardens and demand to live in this area.
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.
