Denver, CO – December 23, 2020 – AQYRE Real Estate Advisors, LLC is pleased to announce the sale of 1424 N. Pennsylvania St. in Denver, CO.
Principals Joe Hornstein & Scott Fetter (AQYRE) represented the Seller while Senior Advisors Greg Johnson & Conner Piretti (AQYRE) represented the Buyer.
The new owner is planning an extensive upgrade of the apartments and systems in the classic 1920s building.
“This beautiful Capitol Hill property will be getting a facelift just in time for its 100th birthday.” – Greg Johnson, AQYRE Senior Advisor.
For more information on this investment or current market conditions, please contact Greg Johnson at AQYRE Real Estate Advisors at 720.738.1671 or Greg@northpeakcre.com.
SALE HIGHLIGHTS
Address: 1424 N. Pennsylvania St. Denver, CO 80203
Number of Units: 23
Property SF: 15,998 SF
Sale Price: $4,100,000
Price Per Unit: $178,261
Price Per SF: $256
Cap Rate: 4.42%
