Nexus Commercial Realty, LLC, has closed the sale of Salsbury Manor, a 14-unit multifamily property for the sale price of $2,740,000. Adam Riddle of Nexus represented the Seller.
Salsbury Manor is located at 7095 W 13th Ave in Lakewood. The 12,010 SF property has a great unit mix of 12 two bedroom/1 bathroom units & 2 three bedroom/one bathroom units. The property was recently fully renovated both the interior of the units and the exterior, and features a grassy lawn area and plenty of off street parking for tenants.
Salsbury Manor is conveniently located just 10 minutes from Downtown Denver and 5 minutes from Sloans Lake area. It is walking distance to light rail stations and retail locations.
“The seller was at the end of the hold period for his investors and was able to sell this asset in a challenging market. The buyer was in a 1031 and was attracted to a stable asset with little capital expenditures needs.” Stated Adam Riddle.
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.
