Denver, CO – December 1, 2020
AQYRE Real Estate Advisors, LLC is pleased to announce the sale of 1280 N. Albion Street in Denver, CO
Principals Joe Hornstein and Scott Fetter (AQYRE) represented the seller. Conner Piretti and Greg Johnson (AQYRE) represented the buyer.
“The Seller was unwilling to formally list the property, which made it more challenging to achieve their desired value,” said Joe Hornstein, who represented the Seller. “However, we took the opportunity around the office and were able to find the right investor for the deal.”
“The Buyer was in a 1031 exchange from sale in California and was the perfect fit,” said Conner Piretti, who represented the buyer. “This property will be a great, long term investment for the buyer and has a lot of great upside potential as 9th & Colorado development continues to stabilize.”
For more information on this investment or current market conditions, please contact Joe Hornstein at AQYRE Real Estate Advisors at 720.738.1944 or Joe@northpeakcre.com, or Conner Piretti at 720.738.1948 or Conner@northpeakcre.com.
SALE HIGHLIGHTS
- Address: 1280 N. Albion Street, Denver, CO 80220
- Number of Units: 24
- Property SF: 19,326 SF
- Sale Price: $4,821,000
- Price Per Unit: $200,896
- Price Per SF: $249.48
The Glenwood Apartments – 1280 N. Albion Street, Denver
Located near Rose Medical Center and East Colfax, this building features spacious apartments with hardwood floors, large windows, and reserved parking. Henry S. Lindsley Park is only a few blocks away, and so are City Park and the Denver Museum of Nature and Science.
Visit https://cornerstoneapartments.com/our-buildings/the-glenwood/ for more information.
