Nexus Commercial Realty, LLC, has closed on the sale of 1631 Clinton Street, a 3,900 sq.-ft multifamily property for the sale price of $666,000. Sean Holamon of Nexus represented the Seller, Hosler Holding 2 LLC, as well as the buyer, SMG Properties. The buyer expressed interest in acquiring multifamily properties in the area and this opportunity was presented off the open market.
The property consists of 5 one bed units and 1 two bed unit. Average unit size is about 665 sq.-ft.
1631 Clinton Street is conveniently located near the intersection of 17th and Clinton Street in Aurora, five blocks south of Stanley Marketplace.
The buyer plans to vacate the property, make renovations to the exterior and all units before placing new tenants. The Seller is 1031 exchanging into a larger multifamily property.
Nexus Commercial Realty, LLC, has also closed on the sale of 1633 Alton Street, a 3,000 sq.-ft multifamily property for the sale price of $555,000. Sean Holamon of Nexus represented the Seller, Hosler Flips LLC as well as the buyer, SMG Properties. The buyer had expressed interest in acquiring deals in the area at a specific price and this opportunity was presented to the buyer off the open market.
The property consists of 4 one bed units and 1 two bed unit. Each unit is approximately 600 sq.-ft.
1633 Alton Street is conveniently located near the intersection of E Montview and Alton Street, five blocks south of Stanley Marketplace in Aurora.
The buyer plans to vacate the property and make major updates to the exterior and the units. The Seller is 1031 exchanging into a larger multifamily property.
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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.
