Denver, CO – June 27, 2024 – NorthPeak Commercial Advisors is pleased to announce the sale of Copper Gold Apartments located at 510 24th St., Golden, CO 80401.
Joe Hornstein and Scott Fetter of NorthPeak Commercial Advisors worked with the buyer and seller in this transaction.
“We listed this property knowing it was a very aggressive price for the market and by casting a wide net, we were able to find the perfect buyer. This local buyer owns other properties nearby intends to scrape the existing building and build new apartments down the road.”
– 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: 510 24th St., Golden, CO 80401
- Sale Price: $2,700,000
- Closed Date: June 17, 2024
- Total Units: 14 ($192,857/Unit)
- Property Size: 4,464 SF ($604/SF)
- Cap Rate: 5.17%
- Property Type: Multifamily
