Denver – Nexus Commercial Realty, LLC, has closed on the sale of the Traci Lea Apartments, a 10,857 square foot apartment building for the sale price of $2,850,000. Austin Smith of Nexus represented the Seller, Nik MacCarter & Brandon Kaufman of Nexus represented the Buyer.
The Traci Lea Apartment complex is located at 3430 S. Grant St. in Englewood near the Swedish and Craig Hospital campus as well as the S. Broadway retail and shops. The multifamily property contains 19 units, including 18 1 bed/1 bath units and one 2 bed/1 bath unit.
The building is located near the intersection of S. Grant and E. Hampden Ave. It has great access to US Highway 285, S. Broadway and S. Santa Fe Dr. The property has a very strong tenant base due to the nearby jobs at the hospital and along S. Broadway.
The property was conveyed with very little deferred maintenance and has been kept in great condition by the seller. The buyer plans to operate the property as-is and will make upgrades to the units and building to create the best living environment for tenants.
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.
