Denver, CO – August 30, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 816 Cherry St in Denver, CO.
Principals Matt Lewallen and Kevin Calame (NorthPeak Commercial Advisors), represented the Buyer in this transaction.
“The buyer saw this undervalued opportunity where he could renovate and significantly improve the cashflow in a very hot location. He aggressively pursued it and closed in just 14 days.” – Matt Lewallen, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Matt Lewallen at 303-210-1623 or Matt@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Property Type: Multifamily
- Closed Date: August 30, 2021
- Address: 816 Cherry St, Denver, CO 80220
- Sale Price: $2,000,000
- Number of Units: 11 ($181,818/Unit)
- Property SF: 8,610 SF ($232/SF)
