Nexus Closed on Turnkey Cap Hill Property

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Nexus Commercial Realty, LLC, has closed on the sale of 1553 Steele St., a seven-unit multifamily property for the sale price of $1,905,000.  Austin Smith of Nexus represented the Seller, AJR 1 Investments LLC.

1553 Steele St. is a turnkey seven-unit property in Capitol Hill. The property consists of two studios, two 1bd/1ba and three 3bd/2ba units. Each unit has condo quality finishes and includes a washer and dryer.

The building is located just north of the intersection of Steele St and Colfax Ave. The location is just south of City Park in Capitol Hill. There are many nearby restaurants and bars on Colfax Ave., less than a block away.

The seller recently renovated the property and the buyer plans to continue to operate the property as-is and generate high end rents due to the condition of the building and the size of the units.

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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