Denver – Nexus Commercial Realty, LLC, has closed on the sale of Amherst Apartments, an 81 unit, 58,003 sq. ft. building for the sale price of $11,100,000. The property is located at 2775 S. Federal Blvd., Denver. Adam Riddle of Nexus represented the Seller, Vukota Amherst Apartments, LP, Jason Koch represented the buyer, PARS LLC.
The building has a great mix of 1-2 bedroom units. On the grounds, you will also find an on-site leasing office, playground, clubhouse, and laundry facilities.
Amherst Apartments is located in the South Harvey Park of Denver, adjacent to the Laretto Heights redevelopment. Conveniently by schools such as Gust Elementary, Henry World School and John F Kennedy High School. The location is also home to great retailers like Walmart, and Kohls and amazing local fare.
Buyer plans on updating the remaining units and realizing the continual rent growth on the 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 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.
