Denver, CO – July 23, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1440 Corona St, a 4-unit apartment building located in Denver, CO.
Senior Advisors Conner Piretti & Greg Johnson (NorthPeak Commercial Advisors) represented the Seller in this transaction.
“The Seller capitalized on a hot Central Denver multifamily market after garnering multiple offers in the first week of listing the property. He will be moving from hands on management to a larger investment out of state that will require very little day to day oversight.” – 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
- Property Type: Multifamily
- Address: 1440 Corona St | Denver, CO 80218
- Closed Date: July 23, 2021
- Sale Price: $1,225,000
- Number of Units: 4
- Price / Unit: $306,250
- Building Size: 3,743 SF
- Price / SF: $327
- Cap Rate: 4.50%
