Unique Properties, Inc. / TCN Worldwide, Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, is proud to announce the sale of 3280 N Downing Street, Denver, CO. The Seller was represented by Elliott Polanchyck and Will McCauley of The Polanchyck McCauley Group and the Buyers were represented by Gabe Wolf and Phil Dankner of the Unique Apartment Group. The property sold for $9,850,000, $197,000 per unit or $187.08 per square foot.
Strategically located in a high-demand area, 3280 N Downing represents a critical asset in Denver’s affordable housing landscape. The property, developed under the LIHTC program, has provided much-needed housing stability for income-restricted residents and will continue to serve this essential role under its new ownership.
“This sale underscores the strong demand for well-located, mission-driven affordable housing assets in Denver, “said Elliott Polanchyck, Senior Broker Associate of The Polanchyck McCauley Group. “The transaction reflects the ongoing commitment of investors to preserving affordability while ensuring long-term viability in a rapidly evolving market.”
The sale of 3280 N Downing highlights the continued investor interest in Denver’s affordable housing sector, driven by its strong economic fundamentals and ongoing need for workforce housing.
To schedule an interview with a Unique Properties Broker regarding this transaction, please contact: Katie Guardino at kguardino@uniqueprop.com.
About Unique Properties, Inc. / TCN Worldwide
Unique Properties, Inc. / TCN Worldwide is Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, providing solutions for a full range of property types including office, industrial, retail, land and multifamily. Unique Properties, Inc. provides clients with local know-how on a global scale through our association with TCN Worldwide, an affiliation of independent real estate firms in more than 200 markets with 62 offices in eight countries, throughout in North and South America, Europe, and Asia. The combination of Unique Properties’ global resources, creative solutions, experience, and strong leadership has resulted in production volume locally of over 450 commercial real estate transaction in 2021. We have been operating successfully for over 40 years and are acknowledged as an industry leader, providing services at the caliber of a global leader while maintaining the personal attention of a focused, privately owned firm committed to trust and excellence. For more information about the services provided by Unique Properties, Inc. / TCN Worldwide, please visit uniqueprop.com.