The University of Denver has been buying up condominiums in a small building next to its campus after quietly selling a nearby house it owned for nearly a century.

The private school has purchased 13 residential units in the four-story building at 2295 E. Asbury Ave. since May 2024, with the most recent deals taking place this month, according to public records.

The purchases range from $220,000 to $270,000 per unit. In total, records show DU has spent $3.2 million for nearly half the building, which has around 30 units in all.

Jon Stone, a spokesman for the university, didn’t directly respond when asked if DU expected to purchase additional units, but said it has “always looked for real estate opportunities that are located in close proximity to campus.”

The condo building is adjacent

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