Denver, CO – January 7th, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 2912 N Umatilla St, located in Denver, CO.
Principals Joe Hornstein and Scott Fetter (NorthPeak Commercial Advisors) represented the sellers in this transaction.
“I am not sure if this is a record $/sf in Highland neighborhood, but if not, it was a very aggressive price for a small infill lot located in the heart of Lower Highland neighborhood. The site is zoned C-MX-5 and has vacant, boarded up turn of the century duplex on site. The sale was bittersweet for Seller, since they had intended to build a five-story hotel on the site, but decided to focus on other projects.”
-Joe Hornstein, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Joe Hornstein at 720-939-2943 or joe@northpeakcre.com.
SALE HIGHLIGHTS
- Property Type: Land
- Closed Date: January 7th, 2022
- Property Name: 2912 N Umatilla St
- Address: 2912 N Umatilla St
- Sale Price: $1,345,678.90
- Property SF: 3,028 SF ($444/SF)
