Denver, CO – August 1, 2023 – NorthPeak Commercial Advisors is pleased to announce the sale of 4097 Vance Street, Wheat Ridge, CO 80033.
Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors worked with the buyer and seller in this transaction.
“4097 Vance Street is a 24-unit, brand new multifamily construction. The developer was planning to lease and hold the property long term. However, due to the location, the type of asset and their mission, Foothills Regional Housing offered a price that made sense for the developer to sell prior to any leasing.”
– 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: 4097 Vance Street, Wheat Ridge, CO 80033
- Sale Price: $7,500,000
- Closed Date: July 31, 2023
- Total Units: 24 ($312,500/Unit)
- Property Size: 16,500 SF ($454/SF)
- Property Type: Multifamily
