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Just Sold: 14,545 SF Multifamily Property in Denver Sells for $4.1M

Denver, CO – September 15, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1420 W 71st Place, Denver, CO 80221.

Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors represented the buyer and seller in this transaction.

“The Buyer was in a 1031 exchange and felt comfortable with the opportunity going forward on affordable housing that this property offered.”

– 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: 1420 W 71st Place, Denver, CO 80221
  • Sale Price: $4,100,000
  • Closed Date: September 2, 2022
  • Units: 20 ($205,000/unit)
  • Property Size: 14,545 SF ($281/SF)
  • Property Type: Multifamily