Nexus Closed on Sale of Land for Development on E Colfax

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Denver – Nexus Commercial Realty, LLC, has closed on the sale of 16350 E Colfax Ave, a 63,662 SF parcel of land for the sale price of $335,000. Sean Holamon of Nexus represented the Seller, 16300 Colfax Avenue Holdco LLC, as well as the buyer, Moors Realty Group, LLC. Nexus openly listed the development opportunity and procured the buyer for the sale.

The property is zoned for multifamily, medium density on a highly trafficked area off of East Colfax.

The 63,662 SF parcel of land is conveniently located on East Colfax near the intersection of Laredo Street and E Colfax Ave.

The buyer plans on making improvements to the land and working with the city of Aurora on permitting the property for townhome development.

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.

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