Denver, CO – August 18, 2025 – NorthPeak Commercial Advisors is pleased to announce the sale of 725 N Corona St., Denver, CO 80218.
Hunter Schaefer and Jack Sherman of NorthPeak Commercial Advisors worked with the buyer and seller in this transaction.
“We were pleased to generate strong activity for our Seller with 17 tours in under 4 weeks. Ultimately this was a competitive race where the Buyer won the deal with an as-is, no inspection offer. We also leveraged NorthPeak relationships to source a Buyer in-house at a reduced brokerage fee for the Seller.
The property is a charming converted mansion with many oversized floorplans. Tenants enjoy a prime location with a walk score of 88 as well as the private feel created by mature trees and fencing.”
– Hunter Schaefer, NorthPeak Commercial Advisors
For more information on this investment or current market conditions, please contact Hunter Schaefer at (925) 989-8930 or Hunter@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 725 N Corona St., Denver, CO 80218
- Sale Price: $1,325,000
- Close Date: August 18, 2025
- Total Units: 7 ($189,285/Unit)
- Property Size: 5,305 SF ($249.76/SF)
- Current Cap Rate: 6.0%
- Pro Forma Cap Rate: 6.5%
- Property Type: Multifamily
