Denver, CO – March 9, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1750 N Pearl St., Denver, CO 80203.
Greg Johnson and Conner Piretti, Senior Advisors at NorthPeak Commercial Advisors, represented the buyer and seller in this transaction.
“The Seller was interested in scaling up to a larger property and reached out to us to help with her sale and purchase. We happened to have a client actively looking for a purchase in the neighborhood and were able to put together a deal off-market. The Seller had owned the building for less than 4 years but had renovated nearly all the apartments which led to a nice profit. The Buyer was pleased to find such a well-cared for building near other properties he already owns and manages. This turned out to be a great fit for both Buyer and Seller.”
-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: 1750 N Pearl St., Denver, CO 80203
- Sale Price: $2,875,000
- Closed Date: March 7, 2022
- Number of Units: 13 ($221,153/Unit)
- Property SF: 4,107 SF ($700/SF)
- Property Type: Multifamily
