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Just Sold: 12-Unit Multifamily Property in Denver, CO Closes for $1,775,000

Denver, CO – October 30, 2026 – NorthPeak Commercial Advisors is pleased to announce the sale of York Gardens located at 1152 N York St., Denver, CO 80206.

Jack Sherman and Hunter Schaefer of NorthPeak Commercial Advisors worked with the buyer in this transaction.

“This was a great buy for our client. Getting a 12-unit building a block from the Botanic Gardens at $148K per unit is rare in Congress Park. With 8 large two-story townhome units and meaningful rent upside, the buyer secured a conservative pro forma cap rate north of 8% in one of Denver’s most desirable neighborhoods.”

– 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: 1152 N York St., Denver, CO 80206
  • Sale Price: $1,775,000
  • Close Date: October 30, 2026
  • Total Units: 12 ($147,917/Unit)
  • Property Size: 9,450 SF ($188/SF)
  • Pro Forma Cap Rate: 8.26%
  • Property Type: Multifamily

NorthPeak Broker Team