Greystone Unique Apartment Group, multifamily division of Unique Properties/TCN Worldwide in Denver, recently brokered the sale of a 7-unit multifamily asset for $1.5 million
Greystone Unique Apartment Group Represents Both Buyer & Seller of 7 Units in Central Denver
Greystone Unique Apartment Group, multifamily division of Unique Properties, Inc., recently brokered the sale of a 7-unit multifamily asset located at 1282 Saint Paul Street in Denver. The property sold for $1.5 million ($214,285 per unit). Niklas MacCarter of Greystone Unique Apartment Group represented both the seller and buyer in this transaction.
Located in Denver’s Congress Park neighborhood at the intersection of 13th Avenue and Saint Paul Street, Rene Apartments has a unit mix of three oversized one-bedroom units, four oversized two-bedroom units and five parking garages. Rene Apartments allows easy access to Downtown Denver and Cherry Creek. The buyer intends to raise rents to market value and hold the property for long term cash flow.