Denver, CO – March 26, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1671 Washington Street in Denver, CO.
Principals Kevin Calame and Matt Lewallen (NorthPeak Commercial Advisors) represented the Seller this transaction.
“The Seller purchased this property plus two others in 2018. Since that time, they have fully renovated all three buildings with the intentions of selling for a profit. This property is the last to sell and completes their original investment plan. “ – Kevin Calame NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Kevin Calame at 720-738-1939 or Kevin@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Sold Date: March 26, 2021
- Property Type: Multifamily
- Address: 1671 Washington Street | Denver, CO 80203,
- Number of Units: 23
- Property SF: 10,994 SF
- Sale Price: $3,250,000
- Price Per Unit: $141,304
- Price Per SF: $296
- Cap Rate: 4.90%
