Apartment Building Sales In Denver - 8828 E Colfax Avenue
Posted on Wed, Jun 23, 2010
The La Rue Motel, located at 8828 East Colfax Avenue, consists of 12-Studio and 2-1Br/1Ba motel units and was built in 1953.
Joe Hornstein & Bobby Hornstein, commercial real estate brokers and Senior Advisors for Pinnacle Real Estate Advisors in Denver, assisted the Buyer, Kirk D. Wilson & Debra L. Wilson, and the Seller, Giese Properties, LLC in the transaction. The transaction closed on June 23, 2010 with contract price of $310,000 or $22,142 per unit. The property was in escrow for 27 days and the Seller provided the Buyer financing on the transaction.
For more information on this apartment building sale in Denver or other Colorado commercial real estate transactions please contact Joe Hornstein or Bobby Hutchinson at 303.962.9555.
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To view a list of our apartment buildings for sale in Denver, visit our available properties page.