Calibrate Real Estate is thrilled to announce the sale of a Littleton 4-unit apartment building located at 5586-5598 S. Grant St.
Sam Bretz and Kyle Malnati worked with both the Buyer and Seller in this quick closing (just 3 weeks from list to Closing!!). We were able to secure multiple offers for our Seller above list price!
Ultimately, we were able to source the ALL CASH buyer, a local investor, who operates the Denver property management company, INCO Property Management.
The Sellers, owners of Apartment Concepts Unlimited, plan to use a 1031 Exchange into a larger investment.
This successful transaction is the result of our strong commitment to fostering local connections in the community.
If you are in the market for an excellent property management company, both INCO and Apartment Concepts Unlimited are great options to consider!
Address: 5586-5598 S. Grant St., Littleton, CO 80121
Sold Price: $820,000
Price/Unit: $205,000
# of Units: 4
Building SF: 3,489*
Lot SF: 6,185*
Year Built: 1960
*Reader to verify accuracy of square footage
INVESTMENT HIGHLIGHTS:
- 4-Unit Apartment Building in Littleton
- 4 Off-Street Parking Spaces
- Directly Adjacent to Littleton High School – an International Baccalaureate World School
- In-Unit Laundry – Huge Bonus for Tenants!
- Close Proximity Shops along South Broadway: Sipp Soda Bar, Big Daddy’s Pizza, Chipotle, Stevinson Imports, Brandon Dodge, Porche Littleton, and Groove Toyota
- Backs to Brookridge Park featuring Baseball, Soccer, and Football Fields
- Quick Access to Downtown Denver and Foothills via I-70
- Nearby Parks include Barnard Park, Ketering Park Gallup Park, Powers Park
