Denver, CO – March 30, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 550 S. Lincoln Street, located in Denver, CO.
Senior Advisors Greg Johnson & Conner Piretti (NorthPeak Commercial Advisors) represented the Sellers in this transaction.
“Our clients did a wonderful job renovating the property, and made a handsome return on their investment,” stated NorthPeak’s Greg Johnson. This is the second time in less than three years that Greg Johnson and Conner Piretti have successfully brokered the property.
For more information on this investment or current market conditions, please contact Greg Johnson at 720-738-1671 or Greg@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Property Type: Multifamily
- Sold Date: March 30, 2021
- Address: 550 S. Lincoln Street, Denver, CO 80209
- Number of Units: 3
- Property SF: 4,690 SF
- Sale Price: $1,013,500
- Price Per Unit: $337,833
- Price Per SF: $216
- Cap Rate: 5%
