Recent Colorado Commercial Property Sales

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Josh Newell & JB Hochman announce the following apartment building sale in Golden: 1407 Ulysses Street

recent apartment building sale in Golden Colorado-1407 Ulysses Street1407 Ulysses Street is a 12 unit apartment building located in the Golden, CO. The property was constructed in 1972 and consists of 3 - 1 Bedrooms/1 Bath units and 9 - 2 Bedroom/1 Bath units.

Josh Newell and JB Hochman represented the Buyer, Jessen Apartments, LLC and the Sellers, Michael and Marcella Fassel in the transaction. The transaction closed on December 17, 2009 with contract price of $810,000, or $67,500/unit. "1407 Ulysses has a strong operating history which helped enable the Buyer to obtain attractive financing," Newell said. This transaction represents the largest Golden apartment building to sell in 2009.