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Nexus Commercial Brokers $3.8M Sale of Colony House Multifamily Property in Aurora, Colorado

152-Del-Mar-Circle-Aurora-CO

Located in Aurora, Colo., Colony House features 34 one-bedroom apartments and two two-bedroom apartments.

AURORA, COLO. — Nexus Commercial Realty has negotiated the sale of Colony House, an apartment building located at 152 Del Mar Circle in Aurora. Colony House Denver LLC sold the property to an undisclosed buyer for $3.8 million.

Developed in 1967, the building features 34 one-bedroom units and two two-bedroom units, as well as 36 parking spaces. The buyer plans to take over the operations of the property and make upgrades, while increasing rents to market value.

Sean Holamon of Nexus represented the seller in the transaction.

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