DENVER – The Colony House, a 29,120-square-foot multifamily property in Aurora has sold for $3,825,000. The property is conveniently located at 152 E Del Mar Cir, less than 10 blocks south of Fitzsimons Medical Campus.
Sean Holamon of Nexus Commercial Realty, LLC represented the Seller, Colony House Denver LLC., which has owned the multifamily property for almost 20 years.
The buyer, Heritage House LLC, plans to take over the operations of the property and make necessary upgrades while increasing rents to market.
The four-story property was built in 1967 and consists of 34 one-bed units and 2 two-bed units with 36 parking spaces.
Photo courtesy of Nexus