Denver, CO – April 18, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1400 N Clermont St, Denver, CO 80220.
Conner Piretti and Greg Johnson, Senior Advisors at NorthPeak Commercial Advisors, represented the buyer and seller in this transaction.
“1400 Clermont is a trophy property that stands apart from other buildings in the Hale/Mayfair neighborhood. The Seller owned the property for nearly 10 years and made improvements to many of the systems, kitchens and bathrooms. The Buyer gained a turn-key building that still has room for future rent growth.”
-Conner Piretti, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Conner Piretti at 303-818-1805 or Conner@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 1400 N Clermont St, Denver, CO 80220
- Sale Price: $1,705,000
- Sale Date: April 4, 2022
- Property Size: 5,000 SF
- Number of Units: 6
- Cap Rate: 4.78%
- Property Type: Multifamily
