Denver, CO – May 21, 2026 – NorthPeak Commercial Advisors is pleased to announce the sale of 18200 W 3rd Ave., Golden, CO 80401.
Hunter Schaefer and Jack Sherman of NorthPeak Commercial Advisors worked with the buyer in this transaction.
“We were pleased to represent this Buyer on a nice purchase. This deal had long-term ownership with below market rents and heavy deferred maintenance. The plan is to renovate and improve returns from roughly a 7 CAP today to a stabilized 9 CAP.”
– 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: 18200 W 3rd Ave., Golden, CO 80401
- Sale Price: $1,217,521
- Close Date: May 21, 2026
- Total Units: 7 ($173,932/Unit)
- Property Size: 8,336 SF ($146/SF)
- Current Cap Rate: 6.8%
- Pro Forma Cap Rate: 9.2%
- Property Type: Multifamily
