Denver, CO – November 3, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 195 N Jackson St in Denver, CO.
Principals Matt Lewallen and Kevin Calame (NorthPeak Commercial Advisors) facilitated both seller and buyer in this transaction.
“The buyer sees an opportunity to capitalize on the location through renovation of the asset. The property represents just about the only affordable housing in all of Cherry Creek. The sellers are happy with the sale and look forward to increasing their footprint in the multifamily market.” – 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
- Investment Type: Multifamily
- Closed Date: November 3, 2021
- Addresses: 195 N Jackson St | Denver, CO 80206
- Sale Price: $5,200,000
- Total Number of Units: 20 ($260,000/Unit)
- Total Building SF: 13,850 SF ($375/SF)
