Just Sold: 14,545 SF Multifamily Property in Denver Sells for $4.1M

Denver, CO – September 15, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1420 W 71st Place, Denver, CO 80221.

Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors represented the buyer and seller in this transaction.

“The Buyer was in a 1031 exchange and felt comfortable with the opportunity going forward on affordable housing that this property offered.”

Kevin Calame, NorthPeak Commercial Advisors.

For more information on this investment or current market conditions, please contact Kevin Calame at 303-263-6260 or Kevin@NorthPeakCRE.com.

SALE HIGHLIGHTS

  • Address: 1420 W 71st Place, Denver, CO 80221
  • Sale Price: $4,100,000
  • Closed Date: September 2, 2022
  • Units: 20 ($205,000/unit)
  • Property Size: 14,545 SF ($281/SF)
  • Property Type: Multifamily