Just Sold: Park West Apartments

Denver, CO – April 12, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of Park West Apartments in Denver, CO.

Principals Kevin Calame and Matt Lewallen (NorthPeak Commercial Advisors) represented both parties in this transaction.

“The Seller felt this was a great time to sell and move his equity into a more passive investment. The Buyers knew this was a great opportunity to own a quality asset in a great location.“ – 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: April 12, 2021
• Property Type: Multifamily
• Address: Park West Apartments | 2920 W. 32nd Ave, Denver, CO 80211
• Number of Units: 41
• Property SF: 27,932 SF
• Sale Price: $8,000,000
• Price Per Unit: $195,122
• Price Per SF: $286
• Cap Rate: 4.70%

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