Just Sold: 1324 Clayton Street, Denver, CO

Denver, CO – March 29, 2021 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1324 Clayton Street, located at Denver, CO 80206 in Denver, CO.

Senior Advisors Conner Piretti & Greg Johnson (NorthPeak Commercial Advisors) represented the Sellers in this transaction.

“The property was in turn-key condition with great rents in place. After being on the market for less than a week, the Sellers were able to choose from 5 offers, ultimately closing the property for $65,000 above the list price.” – 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
  • Sold Date: March 29, 2021
  • Address: 1324 Clayton Street, Denver, CO 80206
  • Number of Units: 4
  • Property SF: 2,940 SF
  • Sale Price: $1,115,000
  • Price Per Unit: $278,750
  • Price Per SF: $379
  • Cap Rate: 4.7%