Denver, CO – April 18, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1100 E 10th Ave, Denver, CO 80218.
Conner Piretti and Greg Johnson, Senior Advisors at NorthPeak Commercial Advisors, represented the buyer and seller in this transaction.
“A local group turned a nice profit from their 3-year renovation project on Capitol Hill. NorthPeak Commercial Advisors’ Johnson-Piretti Team marketed the property and generated multiple offers for the Seller. The winning bid came from a local group which added The Ramon to their impressive Capitol Hill portfolio. “This is a legacy building in the heart of Capitol Hill, and we’re pleased the transaction went smoothly for both Seller and Buyer,” stated NorthPeak’s Greg Johnson.
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: 1100 E 10th Ave, Denver, CO 80218
- Sale Price: $4,700,000
- Sale Date: April 4, 2022
- Property Size: 9,422 SF
- Number of Units: 15
- Cap Rate: 3.45%
- Property Type: Multifamily
