Denver, CO – February 27, 2026 – NorthPeak Commercial Advisors is pleased to announce the sale of 44 S Sherman St., Denver, CO 80209.
Jack Sherman and Hunter Schaefer of NorthPeak Commercial Advisors worked with the buyer in this transaction.
“I’m pleased to have secured this asset for a long-term client in an unbeatable location. For years, these 1960’s brick interior hallway buildings in Denver have consistently traded at $200k – $300k per unit. We closed at $151k/unit and haven’t seen pricing like this since 2016 – a significant win for my client and a rare opportunity to capture legacy value.”
– Jack Sherman, NorthPeak Commercial Advisors
For more information on this investment or current market conditions, please contact Jack Sherman at (303) 903-9638 or Jack@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 44 S Sherman St., Denver, CO 80209
- Sale Price: $1,975,000
- Close Date: February 27, 2026
- Total Units: 13 ($151,923/Unit)
- Property Size: 8,998 SF ($219/SF)
- Cap Rate: 6.57%
- Property Type: Multifamily
