Iconic Apartment Tower in Denver’s Cheesman Park Trades for the First Time – Mile High CRE

The Corsican Flats, an 82-unit high-rise in Denver’s Cheesman Park neighborhood, has bought for $31 million.

Justin Hunt, Andy Hellman, Erik Toll, Chris Hart and Jessica Graham of CBRE represented the vendor, the property’s long-time possession group.

In-built 1968, Corsican has one- and two-bedroom floorplans with a median unit dimension of 820 sq. toes. The constructing stands 11 tales and has underground parking. The group additionally has an indoor heated pool, steam room and dry sauna, health heart, yoga studio and resident lounge/recreation room.

“Corsican provided a uncommon alternative to amass an iconic Cheesman Park tower that had by no means beforehand traded. This group offers a few of the finest views in Denver, a sturdy amenity package deal, and has a few of the best parking within the neighborhood,” stated Justin Hunt, senior vice chairman, CBRE. 

The property is positioned at 1330 Gaylord St., just a few blocks from Cheesman Park and the Denver Botanic Gardens and two miles from downtown Denver. Quite a few eating places, bars and different facilities are additionally inside strolling distance.