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Just Sold: 6-Unit Multifamily Property in Denver, CO Closes for $1,200,000

Denver, CO – November 6, 2026 – NorthPeak Commercial Advisors is pleased to announce the sale of 3251-3263 Olive St., Denver, CO 80207.

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

“Our client was pleased to get this property sold in a challenging environment. We priced it to meet the market on day one, which put us under contract within 48 hours and led to a smooth closing instead of chasing the market down.”

– 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: 3251-3263 Olive St., Denver, CO 80207
  • Sale Price: $1,200,000
  • Close Date: November 6, 2026
  • Total Units: 6 ($200,000/Unit)
  • Property Size: 3,844 SF ($312/SF)
  • Cap Rate: 6.8%
  • Property Type: Multifamily

NorthPeak Broker Team