ARA Closes $14 Million Sale near U. of Colorado

The Hub was almost fully occupied at the time of closing.

 

Boulder, Colo. — ARA has brokered the $14 million sale of The Hub Apartments located in Boulder. Constructed in 1994 and 98 percent occupied at the time of closing, the multifamily property includes a clubhouse, a fitness center and a heated outdoor swimming pool. Terrance Hunt, Doug Andrews and Jeff Hawks of Atlanta-based ARA represented the seller in the transaction.

 

— Brian Lee

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