Bankruptcy Auction: Main St Apartments, Littleton, CO

Bid Deadline: November 15, 2024
Subject to Bankruptcy Court Approval

Well-Amenitized Multifamily Asset in Downtown Littleton

Main St Apartments

2350 W Main St, Littleton, CO 80120

Keen-Summit and Colliers are pleased to present Main St Apartments for sale via a Bankruptcy Auction. Main Street Apartments are ideally located in the heart of Downtown Littleton, offering residents immediate access to the vibrant historic district. The area boasts of charming red brick buildings dating back to the late 19th and early 20th centuries, creating a unique blend of historic charm and modern conveniences.

INVESTMENT HIGHLIGHTS

  • Diverse Unit Mix with Extended Rent Restrictions Through 2044
  • Average Rent/Unit:  $1,207
  • Average Rent/SF:  $1.60
  • Occupancy:  96%
  • Opportunity to Preserve Affordable Housing
  • Great Market Fundamentals
  • Prime Downtown Littleton Location
  • Court Ordered Bankruptcy Sale subject to Court Approval

PROPERTY HIGHLIGHTS

  • Units: 50
  • Year Built:  1999
  • Average Unit Size:  755 sq. ft.
  • 1 & 2 Bedroom Apartments
  • Individual AquaTherm Heater & Central Air Conditioning
  • Onsite covered & uncovered parking
  • Elevatored
  • On-site Laundry, mailboxes & office
  • Storage Units Available

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LOCATION

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Keen-Summit Contacts:

Chris Mahoney, Senior Managing Director
(646) 381-9205

Project Partners, Colliers

Craig Stack, Senior Vice President
(720) 833-4602

Bill Morkes, Senior Vice President
(303) 283-4583

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