Denver, CO – March 25, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1635-1671 Cook St. and 1620 Adams St. located in Denver, CO.
Joe Hornstein and Scott Fetter, Principals at NorthPeak Commercial Advisors, represented the buyer and Robert Lawson and Jim Knowlton of Pinnacle Real Estate Advisors represented the seller in this transaction.
“The Buyers were in 1031 exchange and able to consolidate three scattered properties in Central Denver into two almost adjacent properties with more units that can now be operated more efficiently in an incredible location next to City Park. The Buyers will take the properties to the next level and hold long term.”
-Joe Hornstein, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Joe Hornstein at 720-939-2943 or Joe@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 1635 Cook St; 1620 Adams St.; 1671 Cook St. Denver, CO 80206
- Sale Price: $15,000,000
- Closed Date: March 25, 2022
- Number of Units: 52
- Property Size: 30,023 Total SF ($499.62/SF)
- Property Type: Multifamily
