Denver, CO – July 8, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of 995 Corona St., Denver, CO 80218.
Greg Johnson and Conner Piretti of NorthPeak Commercial Advisors worked with the seller in this transaction.
“995 Corona marks our fourth transaction with this Buyer. In today’s market, it’s never been more important to know the players and be able to predict how buyers, inspectors and lenders will operate. We were able to navigate a smooth transaction with the help of Chase Bank who financed the building.
The Seller, a first time client who lives out of the country, was confident in our team because of our track record of sales in the immediate area, and we were happy to deliver positive results for him.”
– 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: 995 Corona St., Denver, CO 80218
- Sale Price: $2,260,000
- Closed Date: July 1, 2024
- Total Units: 11 ($205,454/Unit)
- Property Size: 9,067 SF ($249/SF)
- Cap Rate: 4.96%
- Property Type: Multifamily
